ABLE Financial Group LLC Acquires 27,935 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

ABLE Financial Group LLC grew its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 129.9% in the 3rd quarter, HoldingsChannel reports. The firm owned 49,440 shares of the company’s stock after buying an additional 27,935 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises approximately 1.3% of ABLE Financial Group LLC’s holdings, making the stock its 23rd largest holding. ABLE Financial Group LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $4,101,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of the business. LPL Financial LLC boosted its position in SPDR Portfolio S&P 500 Growth ETF by 7.2% during the second quarter. LPL Financial LLC now owns 30,048,719 shares of the company’s stock valued at $2,407,804,000 after purchasing an additional 2,013,457 shares in the last quarter. Allworth Financial LP lifted its position in shares of 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 valued at $1,092,931,000 after buying an additional 249,829 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 125.1% during the second quarter. Envestnet Asset Management Inc. now owns 12,065,732 shares of the company’s stock valued at $966,827,000 after buying an additional 6,706,045 shares during the last quarter. Valmark Advisers Inc. boosted its holdings 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 buying an additional 107,423 shares in the last quarter. Finally, HB Wealth Management LLC grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 6.2% in 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 during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Up 0.1 %

Shares of NYSEARCA SPYG traded up $0.12 during trading hours on Friday, hitting $87.47. 385,407 shares of the stock were exchanged, compared to its average volume of 2,270,472. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $60.18 and a 12 month high of $87.57. The firm has a fifty day moving average price of $82.36 and a 200-day moving average price of $79.22. The company has a market cap of $30.02 billion, a PE 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).