Financial Management Professionals Inc. Has $8.31 Million Stock Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Financial Management Professionals Inc. lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 2.9% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 94,538 shares of the company’s stock after buying an additional 2,660 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises 1.1% of Financial Management Professionals Inc.’s holdings, making the stock its 20th biggest position. Financial Management Professionals Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $8,310,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. LPL Financial LLC raised its stake in SPDR Portfolio S&P 500 Growth ETF by 4.5% in the third quarter. LPL Financial LLC now owns 31,403,162 shares of the company’s stock valued at $2,604,578,000 after purchasing an additional 1,354,443 shares in the last quarter. Allworth Financial LP raised its stake in SPDR Portfolio S&P 500 Growth ETF by 1.9% in the third quarter. Allworth Financial LP now owns 13,177,373 shares of the company’s stock valued at $1,092,931,000 after purchasing an additional 249,829 shares in the last quarter. JPMorgan Chase & Co. raised its stake in SPDR Portfolio S&P 500 Growth ETF by 2.4% in the third quarter. JPMorgan Chase & Co. now owns 5,161,827 shares of the company’s stock valued at $428,122,000 after purchasing an additional 122,184 shares in the last quarter. Valmark Advisers Inc. raised its stake in SPDR Portfolio S&P 500 Growth ETF by 2.4% in the third quarter. Valmark Advisers Inc. now owns 4,638,687 shares of the company’s stock valued at $384,733,000 after purchasing an additional 107,423 shares in the last quarter. Finally, HB Wealth Management LLC raised its stake in SPDR Portfolio S&P 500 Growth ETF by 1.3% in the fourth quarter. HB Wealth Management LLC now owns 4,634,594 shares of the company’s stock valued at $393,827,000 after purchasing an additional 58,372 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Up 1.3 %

SPYG stock opened at $89.89 on Friday. The company has a market cap of $30.85 billion, a PE ratio of 27.22 and a beta of 1.14. The business has a 50-day simple moving average of $88.47 and a 200 day simple moving average of $83.74. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $65.51 and a 52 week high of $91.49.

SPDR Portfolio S&P 500 Growth ETF Company 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).