Synergy Investment Management LLC Takes $6.81 Million Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Synergy Investment Management LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 77,526 shares of the company’s stock, valued at approximately $6,814,000. SPDR Portfolio S&P 500 Growth ETF makes up approximately 2.9% of Synergy Investment Management LLC’s portfolio, making the stock its 7th largest holding.

Several other large investors have also recently added to or reduced their stakes in the company. LPL Financial LLC lifted its holdings in SPDR Portfolio S&P 500 Growth ETF by 4.5% in 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 during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 2.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,161,827 shares of the company’s stock worth $428,122,000 after purchasing an additional 122,184 shares during the last quarter. HB Wealth Management LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 1.3% in the 4th quarter. HB Wealth Management LLC now owns 4,634,594 shares of the company’s stock worth $393,827,000 after purchasing an additional 58,372 shares during the last quarter. Bank of New York Mellon Corp boosted its position in SPDR Portfolio S&P 500 Growth ETF by 6.5% during the 4th quarter. Bank of New York Mellon Corp now owns 3,663,070 shares of the company’s stock valued at $321,984,000 after purchasing an additional 222,550 shares during the period. Finally, Dynasty Wealth Management LLC bought a new position in SPDR Portfolio S&P 500 Growth ETF during the 4th quarter worth $311,395,000.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

SPYG stock opened at $85.42 on Tuesday. SPDR Portfolio S&P 500 Growth ETF has a 1 year low of $68.48 and a 1 year high of $92.76. The stock has a market capitalization of $33.68 billion, a price-to-earnings ratio of 32.27 and a beta of 1.07. The stock’s fifty day moving average is $89.81 and its two-hundred day moving average is $86.17.

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).