Sound Income Strategies LLC Acquires 3,609 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Sound Income Strategies LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 621.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,190 shares of the company’s stock after buying an additional 3,609 shares during the period. Sound Income Strategies LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $256,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of SPYG. Retirement Group LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF in the fourth quarter valued at $27,000. Hollencrest Capital Management acquired a new stake in SPDR Portfolio S&P 500 Growth ETF in the 1st quarter valued at about $28,000. Ancora Advisors LLC bought a new position in SPDR Portfolio S&P 500 Growth ETF during the first quarter worth about $39,000. Stephens Consulting LLC acquired a new position in SPDR Portfolio S&P 500 Growth ETF during the first quarter worth approximately $40,000. Finally, J Arnold Wealth Management Co acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the fourth quarter valued at approximately $43,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

SPYG stock opened at $61.41 on Friday. SPDR Portfolio S&P 500 Growth ETF has a one year low of $47.91 and a one year high of $63.08. The stock has a market cap of $18.14 billion, a price-to-earnings ratio of 20.70 and a beta of 1.05. The company has a fifty day moving average price of $61.58 and a two-hundred day moving average price of $58.17.

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).