SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) is Investors Research Corp’s 2nd Largest Position

Investors Research Corp lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 7.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 178,985 shares of the company’s stock after purchasing an additional 12,610 shares during the period. SPDR Portfolio S&P 500 Growth ETF comprises approximately 3.1% of Investors Research Corp’s portfolio, making the stock its 2nd largest position. Investors Research Corp’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $14,385,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SPYG. LPL Financial LLC grew its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 8.3% during the fourth quarter. LPL Financial LLC now owns 34,023,208 shares of the company’s stock worth $2,990,640,000 after purchasing an additional 2,620,046 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 176.9% during the fourth quarter. Envestnet Asset Management Inc. now owns 16,832,670 shares of the company’s stock worth $1,479,592,000 after purchasing an additional 10,754,386 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 4.2% during the fourth quarter. Ameriprise Financial Inc. now owns 8,149,242 shares of the company’s stock worth $716,533,000 after purchasing an additional 330,025 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 1.9% during the fourth quarter. JPMorgan Chase & Co. now owns 5,261,185 shares of the company’s stock worth $462,458,000 after purchasing an additional 99,358 shares during the last quarter. Finally, Connecticut Wealth Management LLC grew its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 194.9% during the fourth quarter. Connecticut Wealth Management LLC now owns 4,210,466 shares of the company’s stock worth $370,100,000 after purchasing an additional 2,782,724 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of SPYG stock opened at $89.38 on Friday. The stock’s 50-day moving average is $82.31 and its two-hundred day moving average is $86.10. The firm has a market cap of $34.35 billion, a price-to-earnings ratio of 29.85 and a beta of 1.12. SPDR Portfolio S&P 500 Growth ETF has a 1 year low of $68.65 and a 1 year 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).