Sage Financial Management Group Inc. Has $11.83 Million Stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Sage Financial Management Group Inc. boosted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 1.4% during the fourth quarter, HoldingsChannel reports. The fund owned 134,579 shares of the company’s stock after purchasing an additional 1,856 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises 4.4% of Sage Financial Management Group Inc.’s holdings, making the stock its 7th largest position. Sage Financial Management Group Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $11,829,000 at the end of the most recent reporting period.

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

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

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

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).