Elevation Capital Advisory LLC Makes New Investment in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Elevation Capital Advisory LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 49,153 shares of the company’s stock, valued at approximately $3,939,000. SPDR Portfolio S&P 500 Growth ETF makes up 1.8% of Elevation Capital Advisory LLC’s investment portfolio, making the stock its 23rd largest position.

Other large investors also recently modified their holdings of the company. LPL Financial LLC raised 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 worth $2,407,804,000 after purchasing an additional 2,013,457 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of SPDR Portfolio S&P 500 Growth ETF by 125.1% during the second 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 last quarter. HB Wealth Management LLC lifted its stake 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 valued at $342,273,000 after acquiring an additional 257,647 shares during the period. Dynasty Wealth Management LLC bought a new position in SPDR Portfolio S&P 500 Growth ETF in the first quarter valued at about $262,606,000. Finally, Advisory Alpha LLC raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 7.7% during the 1st quarter. Advisory Alpha LLC now owns 2,886,774 shares of the company’s stock worth $211,174,000 after purchasing an additional 206,571 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Trading Down 0.5 %

Shares of NYSEARCA SPYG opened at $82.49 on Friday. SPDR Portfolio S&P 500 Growth ETF has a 1 year low of $56.78 and a 1 year high of $84.16. The firm’s 50-day moving average is $79.27 and its 200-day moving average is $76.97. The firm has a market capitalization of $28.31 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).