Horizon Wealth Management LLC Purchases 11,760 Shares of SPDR Portfolio S&P 500 Growth ETF $SPYG

Horizon Wealth Management LLC increased its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 5.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 234,248 shares of the company’s stock after purchasing an additional 11,760 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF accounts for 3.4% of Horizon Wealth Management LLC’s portfolio, making the stock its 9th largest position. Horizon Wealth Management LLC owned 0.05% of SPDR Portfolio S&P 500 Growth ETF worth $22,935,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Morgan Stanley boosted its position 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 buying an additional 7,939,766 shares during the last quarter. Allworth Financial LP grew its stake 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 valued at $1,321,474,000 after acquiring an additional 990,106 shares in the last quarter. Ameriprise Financial Inc. increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 0.6% during the third quarter. Ameriprise Financial Inc. now owns 9,914,602 shares of the company’s stock worth $1,036,342,000 after acquiring an additional 61,348 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 4.7% during the fourth quarter. JPMorgan Chase & Co. now owns 5,768,335 shares of the company’s stock worth $615,481,000 after acquiring an additional 258,138 shares during the last quarter. Finally, Horizon Investments LLC lifted its stake in shares of 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 worth $575,034,000 after acquiring an additional 52,598 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

NYSEARCA:SPYG opened at $118.44 on Thursday. The stock has a market cap of $52.62 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17. SPDR Portfolio S&P 500 Growth ETF has a one year low of $93.61 and a one year high of $122.92. The business’s 50-day simple moving average is $117.08 and its 200 day simple moving average is $109.02.

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.