KWB Wealth trimmed its holdings in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG – Free Report) by 4.8% during the fourth quarter, Holdings Channel reports. The firm owned 982,199 shares of the company’s stock after selling 49,709 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises 9.9% of KWB Wealth’s portfolio, making the stock its largest holding. KWB Wealth’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $104,801,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds also recently modified their holdings of SPYG. Allworth Financial LP boosted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 0.4% in the 3rd quarter. Allworth Financial LP now owns 11,394,840 shares of the company’s stock valued at $1,190,875,000 after buying an additional 45,989 shares during the period. Envestnet Asset Management Inc. grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 7.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 10,982,338 shares of the company’s stock valued at $1,147,764,000 after buying an additional 754,395 shares during the last quarter. Ameriprise Financial Inc. raised its stake in SPDR Portfolio S&P 500 Growth ETF by 0.6% during the third quarter. Ameriprise Financial Inc. now owns 9,914,602 shares of the company’s stock worth $1,036,342,000 after acquiring an additional 61,348 shares during the period. JPMorgan Chase & Co. lifted its holdings in SPDR Portfolio S&P 500 Growth ETF by 3.6% in the second quarter. JPMorgan Chase & Co. now owns 5,642,681 shares of the company’s stock worth $537,860,000 after acquiring an additional 198,401 shares during the last quarter. Finally, HB Wealth Management LLC lifted its holdings in SPDR Portfolio S&P 500 Growth ETF by 9.2% in the third quarter. HB Wealth Management LLC now owns 4,769,364 shares of the company’s stock worth $479,781,000 after acquiring an additional 402,591 shares during the last quarter.
SPDR Portfolio S&P 500 Growth ETF Stock Up 1.1%
Shares of SPYG stock opened at $100.02 on Tuesday. The company has a market cap of $42.66 billion, a P/E ratio of 32.28 and a beta of 1.11. The business has a 50 day moving average of $104.54 and a two-hundred day moving average of $105.25. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $68.65 and a 52 week high of $109.63.
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.
Further Reading
Want to see what other hedge funds are holding SPYG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG – Free Report).
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