Goldstone Financial Group LLC Invests $11.41 Million in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Goldstone Financial Group LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) in the third quarter, HoldingsChannel.com reports. The fund purchased 137,566 shares of the company’s stock, valued at approximately $11,410,000. SPDR Portfolio S&P 500 Growth ETF accounts for approximately 2.0% of Goldstone Financial Group LLC’s investment portfolio, making the stock its 13th biggest holding.

Several other institutional investors and hedge funds have also bought and sold shares of the company. LPL Financial LLC raised its position in shares of SPDR Portfolio S&P 500 Growth ETF by 7.2% in the 2nd quarter. LPL Financial LLC now owns 30,048,719 shares of the company’s stock valued at $2,407,804,000 after buying an additional 2,013,457 shares in the last quarter. Allworth Financial LP lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 1.9% during the third quarter. Allworth Financial LP now owns 13,177,373 shares of the company’s stock worth $1,092,931,000 after purchasing an additional 249,829 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 125.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 12,065,732 shares of the company’s stock valued at $966,827,000 after purchasing an additional 6,706,045 shares in the last quarter. Valmark Advisers Inc. increased its stake in shares of 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 purchasing an additional 107,423 shares during the last quarter. Finally, HB Wealth Management LLC raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 6.2% during the 2nd quarter. HB Wealth Management LLC now owns 4,407,041 shares of the company’s stock worth $342,273,000 after buying an additional 257,647 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Down 0.4 %

Shares of SPYG stock opened at $84.86 on Thursday. The business has a fifty day simple moving average of $81.92 and a 200 day simple moving average of $78.70. The company has a market cap of $29.13 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 $57.27 and a twelve month high of $85.46.

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).