Jackson Wealth Management LLC Makes New Investment in SPDR Portfolio S&P 500 Growth ETF $SPYG

Jackson Wealth Management LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 71,119 shares of the company’s stock, valued at approximately $7,588,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Allworth Financial LP increased its stake in SPDR Portfolio S&P 500 Growth ETF by 0.4% during the 3rd quarter. Allworth Financial LP now owns 11,394,840 shares of the company’s stock worth $1,190,875,000 after purchasing an additional 45,989 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 7.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 10,982,338 shares of the company’s stock worth $1,147,764,000 after buying an additional 754,395 shares during the period. Ameriprise Financial Inc. lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 0.6% in the third quarter. Ameriprise Financial Inc. now owns 9,914,602 shares of the company’s stock valued at $1,036,342,000 after buying an additional 61,348 shares in the last quarter. HB Wealth Management LLC lifted its stake in 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 buying an additional 402,591 shares in the last quarter. Finally, Valmark Advisers Inc. boosted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 1.2% in the third quarter. Valmark Advisers Inc. now owns 4,645,016 shares of the company’s stock valued at $485,451,000 after buying an additional 52,840 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of SPYG stock opened at $99.26 on Friday. The firm has a fifty day moving average of $102.93 and a 200-day moving average of $104.94. SPDR Portfolio S&P 500 Growth ETF has a 12-month low of $68.65 and a 12-month high of $109.63. The company has a market capitalization of $42.21 billion, a price-to-earnings ratio of 32.28 and a beta of 1.11.

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.