SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) is Orgel Wealth Management LLC’s 4th Largest Position

Orgel Wealth Management LLC raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 19.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,309,979 shares of the company’s stock after purchasing an additional 544,211 shares during the period. SPDR Portfolio S&P 500 Growth ETF accounts for 7.6% of Orgel Wealth Management LLC’s holdings, making the stock its 4th biggest position. Orgel Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $290,947,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of SPYG. Franklin Resources Inc. raised its stake in SPDR Portfolio S&P 500 Growth ETF by 132.3% in the 3rd quarter. Franklin Resources Inc. now owns 13,196 shares of the company’s stock valued at $1,118,000 after purchasing an additional 7,516 shares during the last quarter. AdvisorNet Financial Inc grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 11.5% in the fourth quarter. AdvisorNet Financial Inc now owns 9,863 shares of the company’s stock valued at $867,000 after purchasing an additional 1,019 shares in the last quarter. Cetera Investment Advisers increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 11.9% in the second quarter. Cetera Investment Advisers now owns 2,454,089 shares of the company’s stock valued at $196,646,000 after purchasing an additional 261,447 shares during the last quarter. Tallon Kerry Patrick purchased a new position in SPDR Portfolio S&P 500 Growth ETF during the fourth quarter worth approximately $268,000. Finally, HBW Advisory Services LLC boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 2.3% during the third quarter. HBW Advisory Services LLC now owns 19,331 shares of the company’s stock worth $1,603,000 after buying an additional 426 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Up 1.3 %

Shares of SPYG opened at $89.89 on Friday. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $65.51 and a 52-week high of $91.49. The stock has a fifty day simple moving average of $88.47 and a two-hundred day simple moving average of $83.74. The company has a market capitalization of $30.85 billion, a PE ratio of 27.22 and a beta of 1.14.

SPDR Portfolio S&P 500 Growth ETF Company 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).