New England Capital Financial Advisors LLC Has $10.39 Million Stock Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

New England Capital Financial Advisors LLC raised its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 1.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 159,628 shares of the company’s stock after purchasing an additional 2,627 shares during the period. SPDR Portfolio S&P 500 Growth ETF makes up 6.2% of New England Capital Financial Advisors LLC’s portfolio, making the stock its 5th biggest position. New England Capital Financial Advisors LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $10,385,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Headinvest LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter worth about $29,000. Gradient Investments LLC increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 510.1% during the third quarter. Gradient Investments LLC now owns 604 shares of the company’s stock worth $36,000 after acquiring an additional 505 shares during the period. Legacy Financial Group LLC purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the third quarter worth approximately $41,000. Whittier Trust Co. purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the third quarter worth approximately $52,000. Finally, Winch Advisory Services LLC increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 283.3% during the third quarter. Winch Advisory Services LLC now owns 966 shares of the company’s stock worth $57,000 after acquiring an additional 714 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of NYSEARCA:SPYG traded up $1.11 during trading on Tuesday, reaching $70.50. 7,015,161 shares of the company were exchanged, compared to its average volume of 2,190,625. The firm has a market capitalization of $24.04 billion, a PE ratio of 27.72 and a beta of 1.10. The business’s fifty day simple moving average is $71.89 and its 200-day simple moving average is $66.52. SPDR Portfolio S&P 500 Growth ETF has a 12-month low of $54.67 and a 12-month high of $74.10.

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).