SHP Wealth Management Invests $795,000 in SPDR Portfolio S&P 500 Growth ETF $SPYG

SHP Wealth Management acquired a new stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 7,448 shares of the company’s stock, valued at approximately $795,000.

Several other institutional investors and hedge funds have also modified their holdings of SPYG. Morgan Stanley raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 95.9% in the 4th quarter. Morgan Stanley now owns 16,219,528 shares of the company’s stock valued at $1,730,624,000 after acquiring an additional 7,939,766 shares during the last quarter. Allworth Financial LP boosted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 8.7% during the fourth quarter. Allworth Financial LP now owns 12,384,946 shares of the company’s stock worth $1,321,474,000 after purchasing an additional 990,106 shares during the last quarter. Ameriprise Financial Inc. grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 0.6% in the third quarter. Ameriprise Financial Inc. now owns 9,914,602 shares of the company’s stock valued at $1,036,342,000 after purchasing an additional 61,348 shares during the period. JPMorgan Chase & Co. grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 4.7% in the fourth quarter. JPMorgan Chase & Co. now owns 5,768,335 shares of the company’s stock valued at $615,481,000 after purchasing an additional 258,138 shares during the period. Finally, Horizon Investments LLC increased its stake in SPDR Portfolio S&P 500 Growth ETF by 1.0% in the fourth quarter. Horizon Investments LLC now owns 5,389,258 shares of the company’s stock valued at $575,034,000 after purchasing an additional 52,598 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

SPDR Portfolio S&P 500 Growth ETF stock opened at $119.54 on Friday. The stock has a fifty day moving average price of $115.64 and a 200 day moving average price of $108.48. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $90.21 and a 52 week high of $122.92. The firm has a market capitalization of $52.68 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.