Private Client Services LLC Boosts Stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Private Client Services LLC grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 134.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,354 shares of the company’s stock after purchasing an additional 7,076 shares during the quarter. Private Client Services LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $1,086,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. LPL Financial LLC increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 4.5% during the third quarter. LPL Financial LLC now owns 31,403,162 shares of the company’s stock valued at $2,604,578,000 after buying an additional 1,354,443 shares during the period. Allworth Financial LP boosted its position in SPDR Portfolio S&P 500 Growth ETF by 1.9% during the 3rd quarter. Allworth Financial LP now owns 13,177,373 shares of the company’s stock valued at $1,092,931,000 after acquiring an additional 249,829 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 125.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 12,065,732 shares of the company’s stock valued at $966,827,000 after acquiring an additional 6,706,045 shares during the period. JPMorgan Chase & Co. raised its position in shares of SPDR Portfolio S&P 500 Growth ETF by 2.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,161,827 shares of the company’s stock worth $428,122,000 after acquiring an additional 122,184 shares in the last quarter. Finally, Valmark Advisers Inc. lifted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 2.4% during the 3rd quarter. Valmark Advisers Inc. now owns 4,638,687 shares of the company’s stock worth $384,733,000 after purchasing an additional 107,423 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

SPYG traded up $0.44 on Wednesday, hitting $89.09. The company had a trading volume of 1,664,043 shares, compared to its average volume of 2,345,514. The stock has a market capitalization of $30.58 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14. The stock has a fifty day moving average price of $87.88 and a 200-day moving average price of $83.32. SPDR Portfolio S&P 500 Growth ETF has a 12-month low of $64.04 and a 12-month high of $91.49.

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).