Ironwood Financial llc Makes New $360,000 Investment in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Ironwood Financial llc purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 4,097 shares of the company’s stock, valued at approximately $360,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in SPYG. Franklin Resources Inc. increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 132.3% during the 3rd quarter. Franklin Resources Inc. now owns 13,196 shares of the company’s stock worth $1,118,000 after buying an additional 7,516 shares during the last quarter. Fifth Third Wealth Advisors LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the fourth quarter worth $200,000. AdvisorNet Financial Inc raised its position in SPDR Portfolio S&P 500 Growth ETF by 11.5% in the fourth quarter. AdvisorNet Financial Inc now owns 9,863 shares of the company’s stock valued at $867,000 after purchasing an additional 1,019 shares during the period. Cetera Investment Advisers raised its position in SPDR Portfolio S&P 500 Growth ETF by 11.9% in the second quarter. Cetera Investment Advisers now owns 2,454,089 shares of the company’s stock valued at $196,646,000 after purchasing an additional 261,447 shares during the period. Finally, Tallon Kerry Patrick acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the 4th quarter valued at $268,000.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

SPDR Portfolio S&P 500 Growth ETF stock opened at $89.89 on Monday. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $65.51 and a fifty-two week high of $91.49. The firm has a 50 day moving average price of $88.47 and a 200 day moving average price of $83.75. The company has a market capitalization of $30.85 billion, a PE ratio of 27.22 and a beta of 1.14.

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).