Diversified Management Inc. Invests $536,000 in SPDR Portfolio S&P 500 Growth ETF $SPYG

Diversified Management Inc. acquired a new stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 5,027 shares of the company’s stock, valued at approximately $536,000.

Several other institutional investors and hedge funds also recently made changes to their positions in SPYG. Vantagepoint Investment Advisers LLC acquired a new position in SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at approximately $469,042,000. Envestnet Asset Management Inc. increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 7.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 10,982,338 shares of the company’s stock valued at $1,147,764,000 after acquiring an additional 754,395 shares in the last quarter. Miracle Mile Advisors LLC increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 3,540.8% in the 3rd quarter. Miracle Mile Advisors LLC now owns 708,945 shares of the company’s stock valued at $74,092,000 after acquiring an additional 689,473 shares in the last quarter. CIBC Bancorp USA Inc. acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter valued at $62,891,000. Finally, Corient Private Wealth LLC lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 64.3% during the 2nd quarter. Corient Private Wealth LLC now owns 1,511,508 shares of the company’s stock valued at $144,077,000 after acquiring an additional 591,474 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Stock Up 1.3%

Shares of NYSEARCA SPYG opened at $109.37 on Thursday. The firm has a market cap of $47.18 billion, a PE ratio of 32.28 and a beta of 1.15. The company’s fifty day simple moving average is $102.47 and its 200 day simple moving average is $104.96. SPDR Portfolio S&P 500 Growth ETF has a 12-month low of $73.51 and a 12-month high of $109.63.

SPDR Portfolio S&P 500 Growth ETF 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.