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

Optivise Advisory Services LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) during the third quarter, according to its most recent filing with the SEC. The firm acquired 21,847 shares of the company’s stock, valued at approximately $1,812,000. SPDR Portfolio S&P 500 Growth ETF comprises approximately 1.0% of Optivise Advisory Services LLC’s holdings, making the stock its 25th largest holding.

A number of other institutional investors and hedge funds also recently made changes to their positions in SPYG. Raleigh Capital Management Inc. lifted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 5.3% in the 3rd quarter. Raleigh Capital Management Inc. now owns 2,422 shares of the company’s stock valued at $201,000 after purchasing an additional 122 shares during the period. CENTRAL TRUST Co increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 12.3% in the 3rd quarter. CENTRAL TRUST Co now owns 1,227 shares of the company’s stock valued at $102,000 after acquiring an additional 134 shares during the last quarter. Arkfeld Wealth Strategies L.L.C. boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 0.9% during the 2nd quarter. Arkfeld Wealth Strategies L.L.C. now owns 15,911 shares of the company’s stock worth $1,322,000 after acquiring an additional 145 shares during the last quarter. Cahaba Wealth Management Inc. grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 2.8% during the second quarter. Cahaba Wealth Management Inc. now owns 5,487 shares of the company’s stock valued at $440,000 after purchasing an additional 149 shares during the period. Finally, First Horizon Advisors Inc. increased its stake in SPDR Portfolio S&P 500 Growth ETF by 1.2% in the third quarter. First Horizon Advisors Inc. now owns 12,961 shares of the company’s stock valued at $1,075,000 after purchasing an additional 149 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of SPYG stock opened at $86.30 on Friday. The firm has a market capitalization of $29.62 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a 12-month low of $62.33 and a 12-month high of $87.94. The firm has a fifty day moving average of $84.04 and a 200-day moving average of $80.41.

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).