Truist Financial Corp Boosts Stock Position in SPDR Portfolio S&P 500 Growth ETF $SPYG

Truist Financial Corp grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 10.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 2,662,065 shares of the company’s stock after buying an additional 252,327 shares during the period. Truist Financial Corp’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $284,042,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Optiver Holding B.V. purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter valued at about $25,000. United Financial Planning Group LLC purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter valued at about $25,000. Financial Life Planners purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter valued at about $26,000. CGC Financial Services LLC purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter valued at about $30,000. Finally, Pittenger & Anderson Inc. purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 4th quarter valued at about $31,000.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of SPYG opened at $113.02 on Monday. The business’s 50 day moving average is $104.06 and its 200 day moving average is $105.48. The company has a market capitalization of $49.80 billion, a PE ratio of 32.28 and a beta of 1.17. SPDR Portfolio S&P 500 Growth ETF has a 12-month low of $82.53 and a 12-month high of $113.59.

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). 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.