Vertrix Wealth Management LLC bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG – Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 79,825 shares of the company’s stock, valued at approximately $7,816,000. SPDR Portfolio S&P 500 Growth ETF makes up approximately 2.9% of Vertrix Wealth Management LLC’s holdings, making the stock its 8th largest holding.
Several other institutional investors have also added to or reduced their stakes in the business. Morgan Stanley grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 95.9% during the fourth quarter. Morgan Stanley now owns 16,219,528 shares of the company’s stock worth $1,730,624,000 after acquiring an additional 7,939,766 shares during the last quarter. Allworth Financial LP raised its position in shares of SPDR Portfolio S&P 500 Growth ETF by 8.7% in the 4th quarter. Allworth Financial LP now owns 12,384,946 shares of the company’s stock valued at $1,321,474,000 after purchasing an additional 990,106 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 0.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 9,914,602 shares of the company’s stock worth $1,036,342,000 after purchasing an additional 61,348 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 4.7% in the 4th quarter. JPMorgan Chase & Co. now owns 5,768,335 shares of the company’s stock worth $615,481,000 after purchasing an additional 258,138 shares in the last quarter. Finally, Horizon Investments LLC boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 1.0% in the 4th quarter. Horizon Investments LLC now owns 5,389,258 shares of the company’s stock worth $575,034,000 after purchasing an additional 52,598 shares in the last quarter.
SPDR Portfolio S&P 500 Growth ETF Trading Down 0.5%
NYSEARCA:SPYG opened at $118.44 on Thursday. SPDR Portfolio S&P 500 Growth ETF has a twelve month low of $93.61 and a twelve month high of $122.92. The company has a market cap of $52.62 billion, a PE ratio of 32.28 and a beta of 1.17. The company’s 50 day moving average is $117.08 and its two-hundred day moving average is $109.02.
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.
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