Gladstone Institutional Advisory LLC Has $24.19 Million Stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Gladstone Institutional Advisory LLC grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 21.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 275,222 shares of the company’s stock after buying an additional 48,526 shares during the period. SPDR Portfolio S&P 500 Growth ETF makes up 1.1% of Gladstone Institutional Advisory LLC’s portfolio, making the stock its 14th biggest position. Gladstone Institutional Advisory LLC owned approximately 0.08% of SPDR Portfolio S&P 500 Growth ETF worth $24,192,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of SPYG. LPL Financial LLC lifted its holdings in SPDR Portfolio S&P 500 Growth ETF by 4.5% during the third quarter. LPL Financial LLC now owns 31,403,162 shares of the company’s stock worth $2,604,578,000 after acquiring an additional 1,354,443 shares in the last quarter. Kestra Investment Management LLC increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 70.3% in the third quarter. Kestra Investment Management LLC now owns 2,251,726 shares of the company’s stock worth $186,758,000 after acquiring an additional 929,872 shares in the last quarter. Kingsview Wealth Management LLC raised its position in shares of SPDR Portfolio S&P 500 Growth ETF by 190.1% during the fourth quarter. Kingsview Wealth Management LLC now owns 1,283,008 shares of the company’s stock worth $112,776,000 after purchasing an additional 840,689 shares during the period. Flagship Harbor Advisors LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter valued at about $56,722,000. Finally, Mount Yale Investment Advisors LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 4th quarter valued at about $52,896,000.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

NYSEARCA SPYG opened at $91.17 on Wednesday. The stock has a market cap of $31.29 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14. The business has a 50 day simple moving average of $89.75 and a 200 day simple moving average of $84.78. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $68.48 and a 52-week high of $92.76.

About SPDR Portfolio S&P 500 Growth ETF

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).