Lane & Associates LLC Increases Stock Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Lane & Associates LLC increased its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 105.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 113,015 shares of the company’s stock after purchasing an additional 57,919 shares during the period. SPDR Portfolio S&P 500 Growth ETF makes up approximately 5.1% of Lane & Associates LLC’s holdings, making the stock its 3rd biggest position. Lane & Associates LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $9,373,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Optivise Advisory Services LLC bought a new position in SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter worth about $1,812,000. Great Valley Advisor Group Inc. boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 2.5% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 228,651 shares of the company’s stock worth $18,965,000 after purchasing an additional 5,621 shares in the last quarter. Stonebrook Private Inc. boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 9.1% in the 3rd quarter. Stonebrook Private Inc. now owns 135,424 shares of the company’s stock worth $11,232,000 after purchasing an additional 11,338 shares in the last quarter. Financial Council LLC lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 2.8% during the 3rd quarter. Financial Council LLC now owns 78,314 shares of the company’s stock valued at $6,495,000 after acquiring an additional 2,130 shares during the period. Finally, Nwam LLC bought a new position in SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter valued at about $274,000.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

SPYG opened at $86.30 on Friday. The stock has a market capitalization of $29.62 billion, a P/E ratio of 27.22 and a beta of 1.14. The company’s 50-day simple moving average is $84.04 and its two-hundred day simple moving average is $80.41. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $62.33 and a 52-week high of $87.94.

SPDR Portfolio S&P 500 Growth ETF 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).