Davidson Capital Management Inc. Invests $5.43 Million in SPDR Portfolio S&P 500 Growth ETF $SPYG

Davidson Capital Management Inc. acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 50,909 shares of the company’s stock, valued at approximately $5,432,000. SPDR Portfolio S&P 500 Growth ETF comprises about 1.2% of Davidson Capital Management Inc.’s holdings, making the stock its 10th largest position.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Vantagepoint Investment Advisers LLC acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter valued at about $469,042,000. Envestnet Asset Management Inc. lifted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 7.4% in 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 purchasing an additional 754,395 shares in the last quarter. Miracle Mile Advisors LLC increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 3,540.8% in the third quarter. Miracle Mile Advisors LLC now owns 708,945 shares of the company’s stock worth $74,092,000 after acquiring an additional 689,473 shares in the last quarter. CIBC Bancorp USA Inc. purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter valued at $62,891,000. Finally, Corient Private Wealth LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 64.3% during the 2nd quarter. Corient Private Wealth LLC now owns 1,511,508 shares of the company’s stock valued at $144,077,000 after acquiring an additional 591,474 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Trading Up 1.8%

NYSEARCA:SPYG opened at $111.77 on Thursday. The firm has a market capitalization of $48.66 billion, a price-to-earnings ratio of 32.28 and a beta of 1.15. The firm’s fifty day simple moving average is $103.04 and its 200 day simple moving average is $105.17. SPDR Portfolio S&P 500 Growth ETF has a twelve month low of $77.97 and a twelve month high of $111.79.

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.