Gratus Wealth Advisors LLC Buys 1,347 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Gratus Wealth Advisors LLC grew its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 3.2% in the third quarter, Holdings Channel.com reports. The institutional investor owned 43,599 shares of the company’s stock after buying an additional 1,347 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF makes up approximately 0.6% of Gratus Wealth Advisors LLC’s portfolio, making the stock its 25th largest holding. Gratus Wealth Advisors LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $3,574,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in SPYG. Marion Wealth Management grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 3.3% in the third quarter. Marion Wealth Management now owns 88,851 shares of the company’s stock valued at $7,369,000 after purchasing an additional 2,811 shares during the last quarter. Advance Capital Management Inc. boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 2.4% during the 3rd quarter. Advance Capital Management Inc. now owns 23,635 shares of the company’s stock valued at $1,960,000 after purchasing an additional 549 shares during the period. Axiom Advisory LLC grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 1.8% in the 3rd quarter. Axiom Advisory LLC now owns 15,936 shares of the company’s stock valued at $1,274,000 after buying an additional 277 shares during the last quarter. EWG Elevate Inc. increased its position in SPDR Portfolio S&P 500 Growth ETF by 4.5% in the 3rd quarter. EWG Elevate Inc. now owns 5,271 shares of the company’s stock worth $437,000 after buying an additional 225 shares during the period. Finally, Fulton Bank N.A. acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the third quarter worth approximately $226,000.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of SPDR Portfolio S&P 500 Growth ETF stock opened at $83.21 on Wednesday. The firm has a market cap of $28.56 billion, a P/E ratio of 27.22 and a beta of 1.14. The firm’s 50-day simple moving average is $79.68 and its 200-day simple moving average is $77.40. SPDR Portfolio S&P 500 Growth ETF has a twelve month low of $56.78 and a twelve month high of $84.16.

SPDR Portfolio S&P 500 Growth ETF Profile

SPDR S&P 500 Growth ETF (the Fund), formerly SPDR Dow Jones Large Cap Growth ETF, focuses to provide investment results, which correspond to the total return performance of an index tracks the performance of exchange traded the equity securities. The SPDR S&P 500 Growth ETF matches the returns and characteristics of the S&P 500 Growth Index (the Index).