RKL Wealth Management LLC Purchases New Shares in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

RKL Wealth Management LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 13,262 shares of the company’s stock, valued at approximately $1,100,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. 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 valued at $2,407,804,000 after buying an additional 2,013,457 shares during the last quarter. Allworth Financial LP raised its position in SPDR Portfolio S&P 500 Growth ETF by 1.9% in the 3rd quarter. Allworth Financial LP now owns 13,177,373 shares of the company’s stock valued at $1,092,931,000 after buying an additional 249,829 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of 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 valued at $966,827,000 after purchasing an additional 6,706,045 shares during the last quarter. Valmark Advisers Inc. increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 2.4% during the 3rd quarter. Valmark Advisers Inc. now owns 4,638,687 shares of the company’s stock valued at $384,733,000 after purchasing an additional 107,423 shares during the last quarter. Finally, HB Wealth Management LLC increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 6.2% during 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.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of SPDR Portfolio S&P 500 Growth ETF stock opened at $87.59 on Friday. SPDR Portfolio S&P 500 Growth ETF has a 1 year low of $60.18 and a 1 year high of $87.78. The firm has a market cap of $30.07 billion, a PE ratio of 27.22 and a beta of 1.14. The stock has a fifty day moving average price of $82.50 and a 200-day moving average price of $79.34.

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).