Investor s Fiduciary Advisor Network LLC Purchases New Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Investor s Fiduciary Advisor Network LLC purchased a new position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) in the fourth quarter, HoldingsChannel reports. The fund purchased 38,018 shares of the company’s stock, valued at approximately $3,341,000. SPDR Portfolio S&P 500 Growth ETF makes up approximately 1.3% of Investor s Fiduciary Advisor Network LLC’s portfolio, making the stock its 17th largest holding.

Several other institutional investors and hedge funds have also bought and sold shares of SPYG. LPL Financial LLC grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 8.3% in the 4th quarter. LPL Financial LLC now owns 34,023,208 shares of the company’s stock worth $2,990,640,000 after buying an additional 2,620,046 shares during the period. Envestnet Asset Management Inc. grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 176.9% in the fourth quarter. Envestnet Asset Management Inc. now owns 16,832,670 shares of the company’s stock worth $1,479,592,000 after purchasing an additional 10,754,386 shares during the period. Ameriprise Financial Inc. grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 4.2% in the fourth quarter. Ameriprise Financial Inc. now owns 8,149,242 shares of the company’s stock worth $716,533,000 after purchasing an additional 330,025 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 1.9% during the fourth quarter. JPMorgan Chase & Co. now owns 5,261,185 shares of the company’s stock valued at $462,458,000 after purchasing an additional 99,358 shares during the last quarter. Finally, HB Wealth Management LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 1.3% during the fourth quarter. HB Wealth Management LLC now owns 4,634,594 shares of the company’s stock valued at $393,827,000 after purchasing an additional 58,372 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Down 0.2 %

SPDR Portfolio S&P 500 Growth ETF stock opened at $84.05 on Friday. SPDR Portfolio S&P 500 Growth ETF has a twelve month low of $68.65 and a twelve month high of $92.76. The company has a market capitalization of $31.88 billion, a P/E ratio of 27.72 and a beta of 1.12. The stock’s 50 day moving average is $80.31 and its 200 day moving average is $85.69.

SPDR Portfolio S&P 500 Growth ETF 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).