1834 Investment Advisors Co. Has $7.55 Million Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

1834 Investment Advisors Co. increased its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 12.8% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 91,081 shares of the company’s stock after purchasing an additional 10,351 shares during the period. 1834 Investment Advisors Co.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $7,554,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in SPYG. Raleigh Capital Management Inc. lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 5.3% in the third quarter. Raleigh Capital Management Inc. now owns 2,422 shares of the company’s stock worth $201,000 after acquiring an additional 122 shares during the last quarter. CENTRAL TRUST Co boosted its position in SPDR Portfolio S&P 500 Growth ETF by 12.3% in the third quarter. CENTRAL TRUST Co now owns 1,227 shares of the company’s stock valued at $102,000 after buying an additional 134 shares in the last quarter. Arkfeld Wealth Strategies L.L.C. grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 0.9% during the second quarter. Arkfeld Wealth Strategies L.L.C. now owns 15,911 shares of the company’s stock worth $1,322,000 after buying an additional 145 shares during the last quarter. Cahaba Wealth Management Inc. increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 2.8% during the second quarter. Cahaba Wealth Management Inc. now owns 5,487 shares of the company’s stock worth $440,000 after buying an additional 149 shares in the last quarter. Finally, JT Stratford LLC lifted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 3.5% in the 1st quarter. JT Stratford LLC now owns 4,817 shares of the company’s stock valued at $352,000 after acquiring an additional 162 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Up 1.4 %

Shares of SPYG stock opened at $83.84 on Wednesday. The firm has a market capitalization of $28.78 billion, a P/E ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a twelve month low of $60.04 and a twelve month high of $85.46. The stock’s fifty day simple moving average is $82.09 and its 200 day simple moving average is $79.11.

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).