Balanced Wealth Group LLC lifted its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG – Free Report) by 3.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 256,059 shares of the company’s stock after purchasing an additional 7,984 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF accounts for 9.8% of Balanced Wealth Group LLC’s portfolio, making the stock its 3rd largest position. Balanced Wealth Group LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $26,771,000 as of its most recent SEC filing.
Several other institutional investors have also made changes to their positions in SPYG. Vantagepoint Investment Advisers LLC acquired a new position in SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter valued at approximately $469,042,000. Ameriprise Financial Inc. lifted its position in SPDR Portfolio S&P 500 Growth ETF by 12.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 9,853,254 shares of the company’s stock worth $938,988,000 after buying an additional 1,120,425 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 7.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 10,982,338 shares of the company’s stock valued at $1,147,764,000 after buying an additional 754,395 shares during the period. Miracle Mile Advisors LLC boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 3,540.8% during the 3rd quarter. Miracle Mile Advisors LLC now owns 708,945 shares of the company’s stock valued at $74,092,000 after buying an additional 689,473 shares during the period. Finally, CIBC Bancorp USA Inc. purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter valued at $62,891,000.
SPDR Portfolio S&P 500 Growth ETF Trading Down 2.9%
NYSEARCA SPYG opened at $96.85 on Friday. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $68.65 and a 1-year high of $109.63. The company has a market capitalization of $41.31 billion, a PE ratio of 32.28 and a beta of 1.11. The firm’s fifty day simple moving average is $104.01 and its 200-day simple moving average is $105.15.
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.
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