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

Horizon Wealth Management LLC grew its holdings in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 2.6% in the 3rd quarter, Holdings Channel.com reports. The firm owned 224,312 shares of the company’s stock after purchasing an additional 5,690 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF makes up approximately 3.7% of Horizon Wealth Management LLC’s investment portfolio, making the stock its 11th largest position. Horizon Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $18,604,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. lifted its holdings in 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 purchasing an additional 6,706,045 shares in the last quarter. Dynasty Wealth Management LLC purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 1st quarter valued at $262,606,000. LPL Financial LLC boosted its holdings in SPDR Portfolio S&P 500 Growth ETF by 7.2% in the 2nd quarter. LPL Financial LLC now owns 30,048,719 shares of the company’s stock worth $2,407,804,000 after buying an additional 2,013,457 shares during the period. Cetera Investment Advisers boosted its holdings in SPDR Portfolio S&P 500 Growth ETF by 282.8% in the 1st quarter. Cetera Investment Advisers now owns 2,192,642 shares of the company’s stock worth $160,392,000 after buying an additional 1,619,888 shares during the period. Finally, Savant Capital LLC increased its stake in SPDR Portfolio S&P 500 Growth ETF by 117.6% in the 2nd quarter. Savant Capital LLC now owns 2,512,342 shares of the company’s stock worth $201,314,000 after buying an additional 1,357,615 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Up 0.2 %

NYSEARCA:SPYG opened at $83.89 on Thursday. The business’s 50-day simple moving average is $80.81 and its two-hundred day simple moving average is $77.89. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $56.78 and a 52 week high of $84.91. The stock has a market cap of $28.80 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).