SPDR Portfolio S&P 500 Growth ETF $SPYG Shares Purchased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 7.4% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 10,982,338 shares of the company’s stock after purchasing an additional 754,395 shares during the quarter. Envestnet Asset Management Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $1,147,764,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vantagepoint Investment Advisers LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth approximately $469,042,000. Symphony Financial Ltd. Co. lifted its holdings in SPDR Portfolio S&P 500 Growth ETF by 2,711.7% in the second quarter. Symphony Financial Ltd. Co. now owns 3,236,291 shares of the company’s stock valued at $308,404,000 after acquiring an additional 3,121,192 shares during the last quarter. Ameriprise Financial Inc. grew its position in SPDR Portfolio S&P 500 Growth ETF by 12.8% in the second quarter. Ameriprise Financial Inc. now owns 9,853,254 shares of the company’s stock worth $938,988,000 after acquiring an additional 1,120,425 shares during the period. Laurel Wealth Advisors LLC increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 9,685.9% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 855,779 shares of the company’s stock worth $81,573,000 after purchasing an additional 847,034 shares during the last quarter. Finally, Strategic Financial Concepts LLC increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 9,486.5% during the second quarter. Strategic Financial Concepts LLC now owns 851,088 shares of the company’s stock valued at $81,126,000 after acquiring an additional 842,210 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

SPDR Portfolio S&P 500 Growth ETF stock opened at $105.86 on Wednesday. The company’s 50 day simple moving average is $107.10 and its 200-day simple moving average is $104.22. SPDR Portfolio S&P 500 Growth ETF has a 1 year low of $68.65 and a 1 year high of $109.63. The company has a market capitalization of $45.03 billion, a price-to-earnings ratio of 32.28 and a beta of 1.11.

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). The S&P 500 Growth Index measures the performance of the growth sector in the United States equity market. The selection universe for the S&P 500 Index includes all the United States common equities.