Connecticut Wealth Management LLC Raises Stock Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Connecticut Wealth Management LLC raised its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 0.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,380,272 shares of the company’s stock after purchasing an additional 9,108 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF accounts for approximately 5.7% of Connecticut Wealth Management LLC’s holdings, making the stock its 4th biggest holding. Connecticut Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $110,601,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of SPYG. LPL Financial LLC grew its position in SPDR Portfolio S&P 500 Growth ETF by 7.2% in the 2nd quarter. LPL Financial LLC now owns 30,048,719 shares of the company’s stock valued at $2,407,804,000 after acquiring an additional 2,013,457 shares during the last quarter. Allworth Financial LP grew its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 2.5% in the first quarter. Allworth Financial LP now owns 12,757,730 shares of the company’s stock worth $933,228,000 after purchasing an additional 310,361 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in SPDR Portfolio S&P 500 Growth ETF by 125.1% in 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 in the last quarter. HB Wealth Management LLC increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 6.2% during the second quarter. HB Wealth Management LLC now owns 4,407,041 shares of the company’s stock worth $342,273,000 after acquiring an additional 257,647 shares during the period. Finally, Dynasty Wealth Management LLC bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the first quarter valued at approximately $262,606,000.

SPDR Portfolio S&P 500 Growth ETF Stock Down 0.2 %

Shares of NYSEARCA:SPYG opened at $82.19 on Friday. The business’s 50 day moving average is $79.16 and its 200 day moving average is $76.56. The stock has a market cap of $28.21 billion, a P/E ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $56.78 and a 52-week high of $84.16.

About SPDR Portfolio S&P 500 Growth ETF

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).