Palladiem LLC Buys Shares of 56,408 SPDR Portfolio S&P 500 Growth ETF $SPYG

Palladiem LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 56,408 shares of the company’s stock, valued at approximately $6,062,000. SPDR Portfolio S&P 500 Growth ETF makes up approximately 5.7% of Palladiem LLC’s portfolio, making the stock its 6th largest position.

A number of other hedge funds have also modified their holdings of SPYG. Ackerman Capital Advisors LLC grew its stake in SPDR Portfolio S&P 500 Growth ETF by 8.1% in the fourth quarter. Ackerman Capital Advisors LLC now owns 763,821 shares of the company’s stock valued at $81,500,000 after purchasing an additional 57,349 shares in the last quarter. Capital Group Private Client Services Inc. raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 36.6% during the 4th quarter. Capital Group Private Client Services Inc. now owns 6,950 shares of the company’s stock worth $742,000 after purchasing an additional 1,862 shares in the last quarter. Modus Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the 4th quarter worth about $32,000. LCW Services LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the 4th quarter valued at about $204,000. Finally, OneAscent Financial Services LLC grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 17.3% in the 4th quarter. OneAscent Financial Services LLC now owns 2,769 shares of the company’s stock valued at $296,000 after buying an additional 408 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA SPYG opened at $116.55 on Friday. The business has a 50 day simple moving average of $111.79 and a 200 day simple moving average of $107.58. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $90.21 and a 52 week high of $122.92. The stock has a market cap of $51.36 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17.

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.