SPDR Portfolio S&P 500 Growth ETF $SPYG Stake Boosted by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lifted its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 10.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,489,431 shares of the company’s stock after acquiring an additional 903,774 shares during the quarter. Envestnet Asset Management Inc. owned approximately 2.10% of SPDR Portfolio S&P 500 Growth ETF worth $1,129,147,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. SmartHarvest Portfolios LLC grew its stake in SPDR Portfolio S&P 500 Growth ETF by 1.7% in the first quarter. SmartHarvest Portfolios LLC now owns 5,804 shares of the company’s stock valued at $568,000 after purchasing an additional 96 shares in the last quarter. Thoroughbred Financial Services LLC raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 0.6% during the 4th quarter. Thoroughbred Financial Services LLC now owns 17,381 shares of the company’s stock worth $1,854,000 after purchasing an additional 99 shares in the last quarter. Calton & Associates Inc. lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 0.8% during the 4th quarter. Calton & Associates Inc. now owns 13,779 shares of the company’s stock valued at $1,470,000 after buying an additional 113 shares during the last quarter. FAS Wealth Partners Inc. lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 7.4% during the 1st quarter. FAS Wealth Partners Inc. now owns 1,711 shares of the company’s stock valued at $168,000 after buying an additional 118 shares during the last quarter. Finally, Certified Advisory Corp grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 1.1% in the 1st quarter. Certified Advisory Corp now owns 10,682 shares of the company’s stock valued at $1,046,000 after buying an additional 119 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA SPYG traded down $1.18 during trading hours on Wednesday, hitting $123.06. The stock had a trading volume of 2,148,454 shares, compared to its average volume of 3,862,887. The firm’s 50-day moving average price is $119.94 and its two-hundred day moving average price is $114.71. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $93.61 and a 52 week high of $124.58. The company has a market capitalization of $55.68 billion, a P/E ratio of 32.28 and a beta of 1.17.

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.