Kestra Private Wealth Services LLC purchased a new position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG – Free Report) in the third quarter, HoldingsChannel.com reports. The firm purchased 417,451 shares of the company’s stock, valued at approximately $51,380,000. SPDR Portfolio S&P 500 Growth ETF makes up approximately 0.5% of Kestra Private Wealth Services LLC’s holdings, making the stock its 29th largest holding.
Several other institutional investors have also recently made changes to their positions in the stock. Envestnet Asset Management Inc. lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 10.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 9,489,431 shares of the company’s stock valued at $1,129,147,000 after buying an additional 903,774 shares in the last quarter. Valmark Advisers Inc. grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 4.8% during the 1st quarter. Valmark Advisers Inc. now owns 4,884,338 shares of the company’s stock valued at $478,226,000 after acquiring an additional 223,140 shares during the period. Vantagepoint Investment Advisers LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter valued at approximately $527,447,000. Orgel Wealth Management LLC grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 1.0% during the 3rd quarter. Orgel Wealth Management LLC now owns 3,432,643 shares of the company’s stock valued at $422,490,000 after acquiring an additional 34,234 shares during the period. Finally, The Manufacturers Life Insurance Company purchased a new stake in SPDR Portfolio S&P 500 Growth ETF in the 2nd quarter worth approximately $375,859,000.
SPDR Portfolio S&P 500 Growth ETF Trading Up 1.3%
SPDR Portfolio S&P 500 Growth ETF stock opened at $117.97 on Thursday. SPDR Portfolio S&P 500 Growth ETF has a 12-month low of $93.61 and a 12-month high of $127.13. The firm has a market capitalization of $54.74 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17. The firm has a 50 day moving average of $121.58 and a 200 day moving average of $114.31.
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.
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