Diversify Wealth Management LLC Has $37.59 Million Stock Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Diversify Wealth Management LLC grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 45.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 429,490 shares of the company’s stock after purchasing an additional 134,620 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF makes up approximately 2.9% of Diversify Wealth Management LLC’s investment portfolio, making the stock its 3rd largest position. Diversify Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $37,593,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in SPYG. Renaissance Technologies LLC grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 138.7% during the 2nd quarter. Renaissance Technologies LLC now owns 53,000 shares of the company’s stock worth $4,247,000 after buying an additional 30,800 shares in the last quarter. Blair William & Co. IL grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 17.8% during the 2nd quarter. Blair William & Co. IL now owns 33,054 shares of the company’s stock worth $2,649,000 after acquiring an additional 4,993 shares in the last quarter. Sei Investments Co. increased its position in SPDR Portfolio S&P 500 Growth ETF by 21.4% during the 2nd quarter. Sei Investments Co. now owns 7,299 shares of the company’s stock valued at $585,000 after purchasing an additional 1,286 shares during the period. Mount Yale Investment Advisors LLC raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 2.7% in the 2nd quarter. Mount Yale Investment Advisors LLC now owns 576,263 shares of the company’s stock valued at $46,176,000 after purchasing an additional 15,108 shares in the last quarter. Finally, Bridgewealth Advisory Group LLC lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 10.7% in the 2nd quarter. Bridgewealth Advisory Group LLC now owns 80,731 shares of the company’s stock worth $6,469,000 after purchasing an additional 7,828 shares during the period.

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

Shares of NYSEARCA:SPYG opened at $89.89 on Monday. The firm has a 50 day moving average of $88.47 and a 200 day moving average of $83.75. The company has a market capitalization of $30.85 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $65.51 and a 52 week high of $91.49.

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).