WealthTrust Asset Management LLC Boosts Stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

WealthTrust Asset Management LLC lifted its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 208.1% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 23,930 shares of the company’s stock after purchasing an additional 16,163 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF makes up 1.4% of WealthTrust Asset Management LLC’s investment portfolio, making the stock its 18th biggest holding. WealthTrust Asset Management LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $1,918,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. LPL Financial LLC boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 7.2% during the second quarter. LPL Financial LLC now owns 30,048,719 shares of the company’s stock worth $2,407,804,000 after buying an additional 2,013,457 shares during the period. Allworth Financial LP lifted its position in SPDR Portfolio S&P 500 Growth ETF by 2.5% during the 1st quarter. Allworth Financial LP now owns 12,757,730 shares of the company’s stock worth $933,228,000 after acquiring an additional 310,361 shares during the period. Envestnet Asset Management Inc. lifted its position in SPDR Portfolio S&P 500 Growth ETF by 125.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,065,732 shares of the company’s stock worth $966,827,000 after acquiring an additional 6,706,045 shares during the period. HB Wealth Management LLC grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 6.2% in the 2nd quarter. HB Wealth Management LLC now owns 4,407,041 shares of the company’s stock valued at $342,273,000 after purchasing an additional 257,647 shares during the last quarter. Finally, Dynasty Wealth Management LLC acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the first quarter valued at approximately $262,606,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of NYSEARCA SPYG opened at $82.35 on Friday. The stock has a fifty day moving average price of $79.17 and a 200 day moving average price of $76.49. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $56.78 and a 1-year high of $84.16. The company has a market cap of $28.27 billion, a PE ratio of 27.22 and a beta of 1.14.

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).