Fortitude Financial LLC Purchases New Stake in SPDR Portfolio S&P 500 Growth ETF $SPYG

Fortitude Financial LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 222,375 shares of the company’s stock, valued at approximately $23,727,000. SPDR Portfolio S&P 500 Growth ETF makes up 20.1% of Fortitude Financial LLC’s investment portfolio, making the stock its biggest position. Fortitude Financial LLC owned 0.05% of SPDR Portfolio S&P 500 Growth ETF as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Mainstay Capital Management LLC ADV lifted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 8.7% in the fourth quarter. Mainstay Capital Management LLC ADV now owns 869,548 shares of the company’s stock valued at $92,781,000 after buying an additional 69,554 shares in the last quarter. Plimoth Trust Co. LLC raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 7.6% in the 4th quarter. Plimoth Trust Co. LLC now owns 2,826 shares of the company’s stock worth $302,000 after acquiring an additional 199 shares during the last quarter. Wealth Enhancement Trust Services Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 4th quarter worth about $1,112,000. ZEGA Investments LLC lifted its position in SPDR Portfolio S&P 500 Growth ETF by 4.3% in the 4th quarter. ZEGA Investments LLC now owns 2,739 shares of the company’s stock valued at $292,000 after acquiring an additional 114 shares in the last quarter. Finally, Jackson Grant Investment Advisers Inc. lifted its position in SPDR Portfolio S&P 500 Growth ETF by 3.3% in the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 14,186 shares of the company’s stock valued at $1,514,000 after acquiring an additional 449 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

SPYG traded up $1.52 during midday trading on Friday, reaching $111.11. 2,822,414 shares of the company were exchanged, compared to its average volume of 5,857,396. The company has a market cap of $48.04 billion, a price-to-earnings ratio of 32.28 and a beta of 1.15. SPDR Portfolio S&P 500 Growth ETF has a one year low of $73.51 and a one year high of $111.38. The company’s fifty day moving average price is $102.73 and its 200 day moving average price is $105.05.

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). 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.