Sherman Wealth Management LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG – Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 10,906 shares of the company’s stock, valued at approximately $1,164,000. SPDR Portfolio S&P 500 Growth ETF makes up about 1.0% of Sherman Wealth Management LLC’s portfolio, making the stock its 27th biggest position.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Allworth Financial LP raised its position in shares of SPDR Portfolio S&P 500 Growth ETF by 0.4% in the 3rd quarter. Allworth Financial LP now owns 11,394,840 shares of the company’s stock worth $1,190,875,000 after acquiring an additional 45,989 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 7.4% during the third 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. Ameriprise Financial Inc. grew its stake in SPDR Portfolio S&P 500 Growth ETF by 0.6% in the third quarter. Ameriprise Financial Inc. now owns 9,914,602 shares of the company’s stock worth $1,036,342,000 after purchasing an additional 61,348 shares during the period. HB Wealth Management LLC raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 9.2% in the third quarter. HB Wealth Management LLC now owns 4,769,364 shares of the company’s stock worth $479,781,000 after purchasing an additional 402,591 shares in the last quarter. Finally, Valmark Advisers Inc. lifted its position in SPDR Portfolio S&P 500 Growth ETF by 1.2% during the third quarter. Valmark Advisers Inc. now owns 4,645,016 shares of the company’s stock valued at $485,451,000 after buying an additional 52,840 shares during the period.
SPDR Portfolio S&P 500 Growth ETF Price Performance
NYSEARCA:SPYG opened at $94.81 on Monday. The firm’s 50-day moving average price is $103.76 and its 200-day moving average price is $105.15. The company has a market capitalization of $40.44 billion, a PE ratio of 32.28 and a beta of 1.11. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $68.65 and a 1-year high of $109.63.
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.
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