Axxcess Wealth Management LLC Grows Stock Holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Axxcess Wealth Management LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 809.0% during the 4th quarter, HoldingsChannel.com reports. The fund owned 47,297 shares of the company’s stock after buying an additional 42,094 shares during the period. Axxcess Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $4,157,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in SPYG. BankPlus Trust Department purchased a new position in SPDR Portfolio S&P 500 Growth ETF in the 4th quarter worth approximately $25,000. Brown Brothers Harriman & Co. acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter valued at $36,000. Valued Wealth Advisors LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF during the 4th quarter worth $41,000. Urban Financial Advisory Corp acquired a new position in SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter worth $45,000. Finally, West Branch Capital LLC grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 916.1% during the fourth quarter. West Branch Capital LLC now owns 569 shares of the company’s stock valued at $50,000 after acquiring an additional 513 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of SPYG opened at $80.96 on Wednesday. SPDR Portfolio S&P 500 Growth ETF has a one year low of $68.48 and a one year high of $92.76. The stock has a 50-day moving average price of $88.24 and a 200 day moving average price of $86.29. The company has a market capitalization of $30.74 billion, a P/E ratio of 29.52 and a beta of 1.08.

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).