SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) Shares Bought by Independent Advisor Alliance

Independent Advisor Alliance lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 7,157.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,598,110 shares of the company’s stock after acquiring an additional 1,576,091 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF makes up approximately 1.9% of Independent Advisor Alliance’s portfolio, making the stock its 5th biggest position. Independent Advisor Alliance owned 0.47% of SPDR Portfolio S&P 500 Growth ETF worth $140,474,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Raymond James Financial Inc. bought a new stake in SPDR Portfolio S&P 500 Growth ETF in the fourth quarter valued at $323,542,000. Dynasty Wealth Management LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 4th quarter worth approximately $311,395,000. LPL Financial LLC grew its stake in SPDR Portfolio S&P 500 Growth ETF by 4.5% in the 3rd quarter. LPL Financial LLC now owns 31,403,162 shares of the company’s stock valued at $2,604,578,000 after purchasing an additional 1,354,443 shares during the period. Kestra Investment Management LLC increased its holdings in SPDR Portfolio S&P 500 Growth ETF by 70.3% during the third quarter. Kestra Investment Management LLC now owns 2,251,726 shares of the company’s stock worth $186,758,000 after buying an additional 929,872 shares during the last quarter. Finally, Kingsview Wealth Management LLC lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 190.1% in the fourth quarter. Kingsview Wealth Management LLC now owns 1,283,008 shares of the company’s stock valued at $112,776,000 after purchasing an additional 840,689 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Up 0.4 %

SPYG opened at $83.63 on Monday. SPDR Portfolio S&P 500 Growth ETF has a twelve month low of $68.48 and a twelve month high of $92.76. The firm has a 50-day moving average price of $89.30 and a 200-day moving average price of $86.26. The company has a market capitalization of $32.98 billion, a price-to-earnings ratio of 32.27 and a beta of 1.07.

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).