Private Client Services LLC Makes New $1.71 Million Investment in SPDR Portfolio S&P 500 Growth ETF $SPYG

Private Client Services LLC acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) in the 3rd quarter, Holdings Channel reports. The fund acquired 13,916 shares of the company’s stock, valued at approximately $1,713,000.

Several other hedge funds have also recently added to or reduced their stakes in SPYG. The Manufacturers Life Insurance Company bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the second quarter valued at approximately $375,859,000. Envestnet Asset Management Inc. increased its position in SPDR Portfolio S&P 500 Growth ETF by 10.5% during the second quarter. Envestnet Asset Management Inc. now owns 9,489,431 shares of the company’s stock worth $1,129,147,000 after acquiring an additional 903,774 shares during the period. Canandaigua National Bank & Trust Co. acquired a new position in SPDR Portfolio S&P 500 Growth ETF during the 2nd quarter valued at $71,180,000. Navigation Group LLC acquired a new position in SPDR Portfolio S&P 500 Growth ETF during the 1st quarter valued at $46,978,000. Finally, Diversify Wealth Management LLC boosted its holdings in SPDR Portfolio S&P 500 Growth ETF by 40.4% in the 1st quarter. Diversify Wealth Management LLC now owns 1,666,662 shares of the company’s stock valued at $163,183,000 after purchasing an additional 479,780 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of NYSEARCA SPYG traded up $1.30 during mid-day trading on Friday, hitting $124.69. The company had a trading volume of 895,662 shares, compared to its average volume of 3,804,214. The business’s 50-day simple moving average is $120.76 and its 200-day simple moving average is $115.72. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $93.61 and a 12 month high of $125.30. The firm has a market cap of $57.25 billion, a P/E ratio of 32.28 and a beta of 1.17.

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.