Cannon Wealth Management Services LLC Buys 2,851 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Cannon Wealth Management Services LLC lifted its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 7.9% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 38,952 shares of the company’s stock after purchasing an additional 2,851 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF accounts for approximately 3.0% of Cannon Wealth Management Services LLC’s investment portfolio, making the stock its 13th largest holding. Cannon Wealth Management Services LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $3,484,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in SPYG. LPL Financial LLC lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 4.5% during the third quarter. LPL Financial LLC now owns 31,403,162 shares of the company’s stock worth $2,604,578,000 after purchasing an additional 1,354,443 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 2.4% during the third 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 during the last quarter. Valmark Advisers Inc. lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 2.4% during the third quarter. Valmark Advisers Inc. now owns 4,638,687 shares of the company’s stock worth $384,733,000 after purchasing an additional 107,423 shares during the last quarter. HB Wealth Management LLC lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 1.3% during the fourth quarter. HB Wealth Management LLC now owns 4,634,594 shares of the company’s stock worth $393,827,000 after purchasing an additional 58,372 shares during the last quarter. Finally, Quotient Wealth Partners LLC lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 0.9% during the fourth quarter. Quotient Wealth Partners LLC now owns 3,473,756 shares of the company’s stock worth $305,343,000 after purchasing an additional 32,303 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Price Performance

NYSEARCA SPYG opened at $89.59 on Monday. The business has a fifty day moving average price of $90.09 and a two-hundred day moving average price of $85.68. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $68.48 and a fifty-two week high of $92.76. The stock has a market capitalization of $30.75 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).