Reston Wealth Management LLC Increases Stock Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Reston Wealth Management LLC increased its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 0.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 678,681 shares of the company’s stock after purchasing an additional 2,644 shares during the period. SPDR Portfolio S&P 500 Growth ETF accounts for 22.2% of Reston Wealth Management LLC’s holdings, making the stock its biggest holding. Reston Wealth Management LLC owned 0.20% of SPDR Portfolio S&P 500 Growth ETF worth $59,656,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SPYG. LPL Financial LLC raised its position in SPDR Portfolio S&P 500 Growth ETF by 4.5% in the 3rd quarter. LPL Financial LLC now owns 31,403,162 shares of the company’s stock worth $2,604,578,000 after purchasing an additional 1,354,443 shares during the period. Allworth Financial LP lifted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 1.9% during the 3rd quarter. Allworth Financial LP now owns 13,177,373 shares of the company’s stock worth $1,092,931,000 after acquiring an additional 249,829 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in SPDR Portfolio S&P 500 Growth ETF by 2.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,161,827 shares of the company’s stock valued at $428,122,000 after acquiring an additional 122,184 shares during the period. Valmark Advisers Inc. grew its position in SPDR Portfolio S&P 500 Growth ETF by 2.4% in the 3rd quarter. Valmark Advisers Inc. now owns 4,638,687 shares of the company’s stock valued at $384,733,000 after acquiring an additional 107,423 shares during the last quarter. Finally, HB Wealth Management LLC increased its stake in SPDR Portfolio S&P 500 Growth ETF by 1.3% in the fourth quarter. HB Wealth Management LLC now owns 4,634,594 shares of the company’s stock worth $393,827,000 after purchasing an additional 58,372 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Trading Down 0.7 %

Shares of SPYG opened at $89.84 on Thursday. The firm has a fifty day moving average price of $89.07 and a 200-day moving average price of $84.14. The firm has a market capitalization of $30.84 billion, a P/E ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a 12-month low of $66.89 and a 12-month high of $92.76.

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).