Principle Wealth Partners LLC Buys 303 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Principle Wealth Partners LLC boosted its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 5.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 6,037 shares of the company’s stock after acquiring an additional 303 shares during the period. Principle Wealth Partners LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $393,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Valmark Advisers Inc. lifted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 0.7% in the 4th quarter. Valmark Advisers Inc. now owns 4,900,227 shares of the company’s stock valued at $318,809,000 after purchasing an additional 36,180 shares during the period. Headlands Technologies LLC acquired a new position in SPDR Portfolio S&P 500 Growth ETF during the 4th quarter valued at about $32,000. Golden State Equity Partners grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 28.3% during the fourth quarter. Golden State Equity Partners now owns 136,250 shares of the company’s stock worth $8,867,000 after buying an additional 30,090 shares in the last quarter. Raab & Moskowitz Asset Management LLC grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 1.2% in the 4th quarter. Raab & Moskowitz Asset Management LLC now owns 25,844 shares of the company’s stock worth $1,681,000 after acquiring an additional 300 shares in the last quarter. Finally, Truist Financial Corp grew its position in SPDR Portfolio S&P 500 Growth ETF by 6.1% in the 4th quarter. Truist Financial Corp now owns 294,454 shares of the company’s stock worth $19,157,000 after purchasing an additional 16,970 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Price Performance

NYSEARCA SPYG opened at $71.52 on Monday. SPDR Portfolio S&P 500 Growth ETF has a one year low of $54.73 and a one year high of $74.10. The business’s fifty day moving average is $71.92 and its 200-day moving average is $66.81. The stock has a market capitalization of $24.39 billion, a price-to-earnings ratio of 27.72 and a beta of 1.10.

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).