Ameriprise Financial Inc. Has $1.04 Billion Stock Holdings in SPDR Portfolio S&P 500 Growth ETF $SPYG

Ameriprise Financial Inc. lifted its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 0.6% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,914,602 shares of the company’s stock after buying an additional 61,348 shares during the quarter. Ameriprise Financial Inc. owned about 2.36% of SPDR Portfolio S&P 500 Growth ETF worth $1,036,342,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 7.4% in the third quarter. Envestnet Asset Management Inc. now owns 10,982,338 shares of the company’s stock worth $1,147,764,000 after acquiring an additional 754,395 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 3.6% during 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 last quarter. HB Wealth Management LLC grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 9.2% during 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 last quarter. Valmark Advisers Inc. grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 1.2% during the third quarter. Valmark Advisers Inc. now owns 4,645,016 shares of the company’s stock valued at $485,451,000 after purchasing an additional 52,840 shares during the last quarter. Finally, Vantagepoint Investment Advisers LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at approximately $469,042,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

SPYG stock opened at $101.09 on Friday. The company has a 50 day moving average price of $105.34 and a 200 day moving average price of $105.16. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $68.65 and a fifty-two week high of $109.63. The stock has a market capitalization of $43.11 billion, a PE 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.