Cavalier Investments LLC Takes $3.81 Million Position in SPDR Portfolio S&P 500 Growth ETF $SPYG

Cavalier Investments LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 40,000 shares of the company’s stock, valued at approximately $3,813,000. SPDR Portfolio S&P 500 Growth ETF comprises about 1.2% of Cavalier Investments LLC’s portfolio, making the stock its 20th biggest holding.

A number of other large investors have also recently added to or reduced their stakes in SPYG. Truist Financial Corp raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 662.1% during the second quarter. Truist Financial Corp now owns 2,059,594 shares of the company’s stock worth $196,320,000 after purchasing an additional 1,789,329 shares during the period. Exchange Traded Concepts LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 2nd quarter worth about $99,999,000. SCS Capital Management LLC grew its position in SPDR Portfolio S&P 500 Growth ETF by 94.1% in the 1st quarter. SCS Capital Management LLC now owns 1,793,264 shares of the company’s stock valued at $144,125,000 after buying an additional 869,311 shares in the last quarter. Ameriprise Financial Inc. grew its position in SPDR Portfolio S&P 500 Growth ETF by 7.2% in the 1st quarter. Ameriprise Financial Inc. now owns 8,732,829 shares of the company’s stock valued at $701,653,000 after buying an additional 583,587 shares in the last quarter. Finally, HighTower Advisors LLC grew its position in SPDR Portfolio S&P 500 Growth ETF by 33.5% in the 1st quarter. HighTower Advisors LLC now owns 2,207,192 shares of the company’s stock valued at $177,392,000 after buying an additional 553,803 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Trading Down 0.2%

NYSEARCA:SPYG opened at $104.94 on Wednesday. SPDR Portfolio S&P 500 Growth ETF has a twelve month low of $68.65 and a twelve month high of $106.22. The company has a 50-day moving average of $102.44 and a 200-day moving average of $94.09. The firm has a market cap of $43.75 billion, a price-to-earnings ratio of 32.28 and a beta of 1.05.

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).