Drake & Associates LLC Has $30.52 Million Position in SPDR Portfolio S&P 500 Growth ETF $SPYG

Drake & Associates LLC boosted its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 3.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 285,190 shares of the company’s stock after buying an additional 9,702 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF makes up about 6.4% of Drake & Associates LLC’s holdings, making the stock its 4th largest position. Drake & Associates LLC owned about 0.07% of SPDR Portfolio S&P 500 Growth ETF worth $30,521,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Allworth Financial LP increased its holdings in SPDR Portfolio S&P 500 Growth ETF by 1.2% in the 2nd quarter. Allworth Financial LP now owns 11,348,851 shares of the company’s stock worth $1,081,773,000 after acquiring an additional 131,104 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in SPDR Portfolio S&P 500 Growth ETF by 7.4% during the third quarter. Envestnet Asset Management Inc. now owns 10,982,338 shares of the company’s stock worth $1,147,764,000 after purchasing an additional 754,395 shares during the period. Ameriprise Financial Inc. increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 12.8% in the second quarter. Ameriprise Financial Inc. now owns 9,853,254 shares of the company’s stock worth $938,988,000 after purchasing an additional 1,120,425 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of SPDR Portfolio S&P 500 Growth ETF by 3.6% in the second quarter. JPMorgan Chase & Co. now owns 5,642,681 shares of the company’s stock valued at $537,860,000 after purchasing an additional 198,401 shares during the period. Finally, HB Wealth Management LLC raised its position in shares of SPDR Portfolio S&P 500 Growth ETF by 9.2% in the third quarter. HB Wealth Management LLC now owns 4,769,364 shares of the company’s stock valued at $479,781,000 after purchasing an additional 402,591 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Trading Down 0.2%

SPYG opened at $105.30 on Thursday. The company has a 50 day moving average of $106.85 and a 200 day moving average of $104.47. The company has a market cap of $44.91 billion, a PE ratio of 32.28 and a beta of 1.11. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $68.65 and a 12 month high of $109.63.

SPDR Portfolio S&P 500 Growth ETF 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). The S&P 500 Growth Index measures the performance of the growth sector in the United States equity market. The selection universe for the S&P 500 Index includes all the United States common equities.