Western Wealth Management LLC Increases Stake in SPDR Portfolio S&P 500 Growth ETF $SPYG

Western Wealth Management LLC raised its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 3.9% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 392,110 shares of the company’s stock after purchasing an additional 14,887 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF accounts for 1.4% of Western Wealth Management LLC’s portfolio, making the stock its 11th biggest position. Western Wealth Management LLC owned 0.09% of SPDR Portfolio S&P 500 Growth ETF worth $38,391,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Morgan Stanley increased its stake in shares of 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 worth $1,730,624,000 after buying an additional 7,939,766 shares during the period. Allworth Financial LP boosted its position in SPDR Portfolio S&P 500 Growth ETF by 8.7% during the 4th quarter. Allworth Financial LP now owns 12,384,946 shares of the company’s stock valued at $1,321,474,000 after buying an additional 990,106 shares during the period. JPMorgan Chase & Co. boosted its position in SPDR Portfolio S&P 500 Growth ETF by 4.7% during the 4th quarter. JPMorgan Chase & Co. now owns 5,768,335 shares of the company’s stock valued at $615,481,000 after buying an additional 258,138 shares during the period. Horizon Investments LLC grew its holdings 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 acquiring an additional 52,598 shares during the last quarter. Finally, Valmark Advisers Inc. grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 4.8% in the 1st quarter. Valmark Advisers Inc. now owns 4,884,338 shares of the company’s stock worth $478,226,000 after acquiring an additional 223,140 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Trading Up 3.2%

SPYG stock opened at $115.47 on Friday. The stock has a market capitalization of $51.08 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17. The firm’s 50-day moving average price is $117.86 and its two-hundred day moving average price is $110.52. SPDR Portfolio S&P 500 Growth ETF has a 12-month low of $93.61 and a 12-month high of $122.92.

SPDR Portfolio S&P 500 Growth ETF Company Profile

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.