Cvfg LLC Takes $26.40 Million Position in SPDR Portfolio S&P 500 Growth ETF $SPYG

Cvfg LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) in the 1st quarter, Holdings Channel.com reports. The fund acquired 269,679 shares of the company’s stock, valued at approximately $26,404,000. SPDR Portfolio S&P 500 Growth ETF accounts for 3.3% of Cvfg LLC’s holdings, making the stock its 3rd biggest holding.

A number of other large investors have also bought and sold shares of SPYG. Morgan Stanley lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 95.9% in the fourth quarter. Morgan Stanley now owns 16,219,528 shares of the company’s stock valued at $1,730,624,000 after buying an additional 7,939,766 shares in the last quarter. Allworth Financial LP increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 8.7% during the fourth quarter. Allworth Financial LP now owns 12,384,946 shares of the company’s stock worth $1,321,474,000 after acquiring an additional 990,106 shares in the last quarter. Ameriprise Financial Inc. increased its position in shares of 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 in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 4.7% during the fourth quarter. JPMorgan Chase & Co. now owns 5,768,335 shares of the company’s stock worth $615,481,000 after acquiring an additional 258,138 shares during the period. Finally, Horizon Investments LLC raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 1.0% during the fourth quarter. Horizon Investments LLC now owns 5,389,258 shares of the company’s stock worth $575,034,000 after acquiring an additional 52,598 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Trading Down 0.8%

SPYG opened at $117.80 on Wednesday. The stock has a market capitalization of $52.07 billion, a P/E ratio of 32.28 and a beta of 1.17. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $93.61 and a 12 month high of $122.92. The firm’s fifty day simple moving average is $117.61 and its 200 day simple moving average is $109.37.

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.