CBM Financial LLC Invests $13.77 Million in SPDR Portfolio S&P 500 Growth ETF $SPYG

CBM Financial LLC bought a new stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 132,335 shares of the company’s stock, valued at approximately $13,766,000. SPDR Portfolio S&P 500 Growth ETF comprises 9.3% of CBM Financial LLC’s holdings, making the stock its 5th largest holding.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Optiver Holding B.V. acquired a new position in SPDR Portfolio S&P 500 Growth ETF during the third quarter worth about $25,000. United Financial Planning Group LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter valued at about $25,000. Financial Life Planners acquired a new stake in SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter valued at about $26,000. Hantz Financial Services Inc. raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 583.8% in the 4th quarter. Hantz Financial Services Inc. now owns 253 shares of the company’s stock valued at $27,000 after acquiring an additional 216 shares during the last quarter. Finally, New Millennium Group LLC purchased a new position in SPDR Portfolio S&P 500 Growth ETF in the 4th quarter worth approximately $29,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of SPDR Portfolio S&P 500 Growth ETF stock opened at $119.54 on Friday. The stock has a market cap of $52.68 billion, a P/E ratio of 32.28 and a beta of 1.17. The stock’s 50 day simple moving average is $115.32 and its 200-day simple moving average is $108.40. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $90.21 and a 1-year high of $122.92.

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.