Confluence Investment Management LLC lifted its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG – Free Report) by 74.9% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 512,845 shares of the company’s stock after acquiring an additional 219,542 shares during the quarter. Confluence Investment Management LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $54,721,000 as of its most recent SEC filing.
Other large investors have also modified their holdings of the company. Optiver Holding B.V. purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter valued at about $25,000. United Financial Planning Group LLC purchased a new position in SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter worth approximately $25,000. Clayton Financial Group LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at approximately $26,000. Financial Life Planners acquired a new stake in SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at approximately $26,000. Finally, CGC Financial Services LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the third quarter valued at approximately $30,000.
SPDR Portfolio S&P 500 Growth ETF Trading Down 0.4%
NYSEARCA SPYG opened at $100.86 on Friday. The stock has a market cap of $43.02 billion, a P/E ratio of 32.28 and a beta of 1.11. The company’s fifty day simple moving average is $104.89 and its 200-day simple moving average is $105.18. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $68.65 and a 52 week high of $109.63.
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.
Further Reading
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