SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) Stock Position Lifted by MMA Asset Management LLC

MMA Asset Management LLC lifted its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 0.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 234,506 shares of the company’s stock after buying an additional 851 shares during the period. SPDR Portfolio S&P 500 Growth ETF makes up about 9.4% of MMA Asset Management LLC’s portfolio, making the stock its largest position. MMA Asset Management LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $16,692,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of SPYG. Envestnet Asset Management Inc. grew its position in SPDR Portfolio S&P 500 Growth ETF by 136.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 10,264,883 shares of the company’s stock worth $608,502,000 after purchasing an additional 5,918,534 shares during the last quarter. Quotient Wealth Partners LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF during the 4th quarter worth approximately $184,276,000. Financial Gravity Asset Management Inc. grew its position in SPDR Portfolio S&P 500 Growth ETF by 2,334.0% during the 3rd quarter. Financial Gravity Asset Management Inc. now owns 1,844,352 shares of the company’s stock worth $109,333,000 after purchasing an additional 1,768,578 shares during the last quarter. LPL Financial LLC grew its position in SPDR Portfolio S&P 500 Growth ETF by 6.1% during the 3rd quarter. LPL Financial LLC now owns 23,149,326 shares of the company’s stock worth $1,372,292,000 after purchasing an additional 1,322,547 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its position in SPDR Portfolio S&P 500 Growth ETF by 29.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 5,248,532 shares of the company’s stock worth $311,126,000 after purchasing an additional 1,183,435 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Price Performance

NYSEARCA:SPYG traded up $0.74 during trading hours on Friday, hitting $75.87. 1,378,595 shares of the company were exchanged, compared to its average volume of 2,119,902. The company’s 50 day moving average price is $72.71 and its 200-day moving average price is $68.75. The stock has a market capitalization of $26.04 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $56.76 and a 52-week high of $76.21.

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).