PMG Wealth Management Inc. Acquires Shares of 37,604 SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

PMG Wealth Management Inc. acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 37,604 shares of the company’s stock, valued at approximately $3,305,000. SPDR Portfolio S&P 500 Growth ETF accounts for about 3.0% of PMG Wealth Management Inc.’s holdings, making the stock its 15th biggest holding.

Other hedge funds have also bought and sold shares of the company. Brown Brothers Harriman & Co. bought a new stake in SPDR Portfolio S&P 500 Growth ETF in the third quarter worth about $36,000. Valued Wealth Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the fourth quarter worth approximately $41,000. Costello Asset Management INC lifted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 58.0% during the 3rd quarter. Costello Asset Management INC now owns 545 shares of the company’s stock worth $45,000 after acquiring an additional 200 shares during the last quarter. Urban Financial Advisory Corp purchased a new position in SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter valued at $45,000. Finally, West Branch Capital LLC grew its position in SPDR Portfolio S&P 500 Growth ETF by 916.1% in the 4th quarter. West Branch Capital LLC now owns 569 shares of the company’s stock valued at $50,000 after acquiring an additional 513 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Trading Down 2.3 %

NYSEARCA:SPYG opened at $89.59 on Friday. The company has a market cap of $30.75 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a twelve month low of $68.48 and a twelve month high of $92.76. The stock has a fifty day simple moving average of $90.11 and a 200-day simple moving average of $85.48.

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).