Royal Bank of Canada Increases Position in SPDR Portfolio S&P 500 Growth ETF $SPYG

Royal Bank of Canada boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 11.9% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 2,786,235 shares of the company’s stock after acquiring an additional 297,196 shares during the quarter. Royal Bank of Canada owned about 0.63% of SPDR Portfolio S&P 500 Growth ETF worth $272,801,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. N.E.W. Advisory Services LLC increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 42.5% in the fourth quarter. N.E.W. Advisory Services LLC now owns 37,488 shares of the company’s stock worth $4,000,000 after acquiring an additional 11,188 shares during the period. BIP Wealth LLC lifted its position in SPDR Portfolio S&P 500 Growth ETF by 24.7% during the fourth quarter. BIP Wealth LLC now owns 224,019 shares of the company’s stock valued at $23,903,000 after purchasing an additional 44,345 shares during the period. U.S. Capital Wealth Advisors LLC lifted its position in SPDR Portfolio S&P 500 Growth ETF by 9.4% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 98,671 shares of the company’s stock valued at $10,528,000 after purchasing an additional 8,450 shares during the period. Sightline Wealth Advisors LLC boosted its holdings in SPDR Portfolio S&P 500 Growth ETF by 17.4% in the fourth quarter. Sightline Wealth Advisors LLC now owns 44,368 shares of the company’s stock valued at $4,734,000 after purchasing an additional 6,575 shares during the last quarter. Finally, Meridian Wealth Management LLC boosted its holdings in SPDR Portfolio S&P 500 Growth ETF by 49.7% in the fourth quarter. Meridian Wealth Management LLC now owns 94,548 shares of the company’s stock valued at $10,088,000 after purchasing an additional 31,383 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of SPYG opened at $111.91 on Thursday. The business’s 50-day moving average is $117.91 and its two-hundred day moving average is $110.47. The company has a market capitalization of $49.50 billion, a P/E ratio of 32.28 and a beta of 1.17. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $93.61 and a fifty-two week high of $122.92.

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). 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.