SPDR Portfolio S&P 500 Growth ETF $SPYG Stock Position Lifted by BIP Wealth LLC

BIP Wealth LLC boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 24.7% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 224,019 shares of the company’s stock after purchasing an additional 44,345 shares during the period. SPDR Portfolio S&P 500 Growth ETF comprises approximately 0.8% of BIP Wealth LLC’s holdings, making the stock its 23rd largest position. BIP Wealth LLC owned approximately 0.05% of SPDR Portfolio S&P 500 Growth ETF worth $23,903,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Optiver Holding B.V. purchased a new position in SPDR Portfolio S&P 500 Growth ETF during the third quarter valued at approximately $25,000. United Financial Planning Group LLC purchased a new position in SPDR Portfolio S&P 500 Growth ETF during the third quarter valued at approximately $25,000. Clayton Financial Group LLC bought a new stake in SPDR Portfolio S&P 500 Growth ETF in the third quarter worth approximately $26,000. Financial Life Planners bought a new stake in SPDR Portfolio S&P 500 Growth ETF in the third quarter worth approximately $26,000. Finally, CGC Financial Services LLC bought a new stake in SPDR Portfolio S&P 500 Growth ETF in the third quarter worth approximately $30,000.

SPDR Portfolio S&P 500 Growth ETF Stock Up 0.5%

SPYG stock opened at $100.16 on Wednesday. The company has a market capitalization of $42.66 billion, a price-to-earnings ratio of 32.28 and a beta of 1.13. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $70.68 and a 12 month high of $109.63. The firm has a 50 day moving average of $102.61 and a two-hundred day moving average of $104.89.

SPDR Portfolio S&P 500 Growth ETF Company 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.