Confluence Investment Management LLC raised its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG – Free Report) by 74.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 512,845 shares of the company’s stock after purchasing an additional 219,542 shares during the quarter. Confluence Investment Management LLC owned 0.12% of SPDR Portfolio S&P 500 Growth ETF worth $54,721,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also modified their holdings of the company. Allworth Financial LP grew its holdings in shares of 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 during the period. Envestnet Asset Management Inc. raised its holdings in 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 valued at $1,147,764,000 after buying an additional 754,395 shares during the period. Ameriprise Financial Inc. raised its holdings 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 during the period. JPMorgan Chase & Co. lifted its position in 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 buying an additional 198,401 shares in the last quarter. Finally, HB Wealth Management LLC lifted its position in 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 buying an additional 402,591 shares in the last quarter.
SPDR Portfolio S&P 500 Growth ETF Stock Down 0.4%
SPYG opened at $100.86 on Friday. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $68.65 and a 52-week high of $109.63. The company has a 50 day moving average of $104.89 and a two-hundred day moving average of $105.18. The company has a market cap of $43.02 billion, a P/E 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.
Further Reading
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