Cordatus Wealth Management LLC Invests $27.07 Million in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Cordatus Wealth Management LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) in the fourth quarter, Holdings Channel.com reports. The firm purchased 307,966 shares of the company’s stock, valued at approximately $27,070,000. SPDR Portfolio S&P 500 Growth ETF makes up about 7.1% of Cordatus Wealth Management LLC’s investment portfolio, making the stock its biggest position.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Blue Trust Inc. increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 99.1% in the 3rd quarter. Blue Trust Inc. now owns 663 shares of the company’s stock valued at $53,000 after buying an additional 330 shares during the period. Signaturefd LLC lifted its position in SPDR Portfolio S&P 500 Growth ETF by 9.2% during the 3rd quarter. Signaturefd LLC now owns 12,264 shares of the company’s stock valued at $1,017,000 after purchasing an additional 1,034 shares during the period. McAdam LLC boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 13.4% in the 3rd quarter. McAdam LLC now owns 21,402 shares of the company’s stock valued at $1,775,000 after purchasing an additional 2,521 shares during the last quarter. YHB Investment Advisors Inc. grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 3.4% during the 3rd quarter. YHB Investment Advisors Inc. now owns 36,656 shares of the company’s stock worth $3,040,000 after buying an additional 1,204 shares during the period. Finally, Brighton Jones LLC bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the third quarter worth approximately $245,000.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of SPYG stock opened at $91.71 on Friday. The firm’s 50 day moving average price is $90.08 and its two-hundred day moving average price is $85.44. The stock has a market cap of $31.48 billion, a PE ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $68.48 and a 52-week high of $92.76.

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).