Kestra Investment Management LLC raised its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG – Free Report) by 3.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,017,788 shares of the company’s stock after purchasing an additional 97,567 shares during the period. SPDR Portfolio S&P 500 Growth ETF makes up approximately 7.0% of Kestra Investment Management LLC’s holdings, making the stock its 2nd biggest position. Kestra Investment Management LLC owned 0.65% of SPDR Portfolio S&P 500 Growth ETF worth $371,429,000 as of its most recent SEC filing.
A number of other hedge funds have also recently bought and sold shares of SPYG. Private Management Group Inc. bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth about $209,000. FWG Investments LLC. lifted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 6.8% in the third quarter. FWG Investments LLC. now owns 4,752 shares of the company’s stock valued at $585,000 after buying an additional 301 shares during the period. M Holdings Securities Inc. bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at about $425,000. Shepherd Financial Partners LLC lifted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 1.0% in the third quarter. Shepherd Financial Partners LLC now owns 412,222 shares of the company’s stock valued at $50,736,000 after buying an additional 4,182 shares during the period. Finally, Brighton Jones LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the third quarter worth about $334,000.
SPDR Portfolio S&P 500 Growth ETF Stock Up 2.7%
SPYG stock opened at $115.20 on Tuesday. SPDR Portfolio S&P 500 Growth ETF has a twelve month low of $93.61 and a twelve month high of $127.13. The company has a market cap of $53.69 billion, a PE ratio of 32.28 and a beta of 1.17. The business’s 50-day simple moving average is $121.09 and its 200 day simple moving average is $114.42.
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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