Octavia Wealth Advisors LLC Raises Stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Octavia Wealth Advisors LLC lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 1.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 808,553 shares of the company’s stock after purchasing an additional 14,436 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF makes up about 8.6% of Octavia Wealth Advisors LLC’s investment portfolio, making the stock its 2nd largest position. Octavia Wealth Advisors LLC owned 0.24% of SPDR Portfolio S&P 500 Growth ETF worth $71,072,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in SPYG. LPL Financial LLC lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 4.5% in the third quarter. LPL Financial LLC now owns 31,403,162 shares of the company’s stock valued at $2,604,578,000 after buying an additional 1,354,443 shares in the last quarter. Allworth Financial LP lifted its holdings in 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 purchasing an additional 249,829 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of 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 worth $428,122,000 after purchasing an additional 122,184 shares in the last quarter. Valmark Advisers Inc. raised its holdings 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 in the last quarter. Finally, HB Wealth Management LLC raised its position in shares of SPDR Portfolio S&P 500 Growth ETF by 1.3% in the 4th quarter. HB Wealth Management LLC now owns 4,634,594 shares of the company’s stock valued at $393,827,000 after buying an additional 58,372 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Up 1.0 %

NYSEARCA SPYG opened at $90.81 on Wednesday. SPDR Portfolio S&P 500 Growth ETF has a twelve month low of $66.89 and a twelve month high of $91.49. The business’s fifty day moving average is $88.52 and its 200 day moving average is $83.81. The company has a market cap of $31.17 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14.

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).