SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) Shares Purchased by Summit Investment Advisory Services LLC

Summit Investment Advisory Services LLC boosted its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 47.8% during the third quarter, Holdings Channel.com reports. The fund owned 32,839 shares of the company’s stock after acquiring an additional 10,613 shares during the period. SPDR Portfolio S&P 500 Growth ETF accounts for 1.4% of Summit Investment Advisory Services LLC’s investment portfolio, making the stock its 11th largest holding. Summit Investment Advisory Services LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $2,724,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in SPYG. Northwest Investment Counselors LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF in the 1st quarter valued at about $26,000. EdgeRock Capital LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF in the 2nd quarter valued at about $26,000. Crewe Advisors LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF in the 1st quarter valued at about $28,000. Woodmont Investment Counsel LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF in the 1st quarter valued at about $44,000. Finally, Triad Wealth Partners LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF in the 2nd quarter valued at about $44,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

NYSEARCA:SPYG traded up $0.31 on Thursday, reaching $84.20. The stock had a trading volume of 290,628 shares, compared to its average volume of 2,254,284. The company has a market cap of $28.90 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14. The firm’s fifty day moving average is $80.81 and its two-hundred day moving average is $77.89. SPDR Portfolio S&P 500 Growth ETF has a 12-month low of $56.78 and a 12-month high of $84.91.

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).