Cornerstone Wealth Management LLC grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG – Free Report) by 7.4% in the 4th quarter, HoldingsChannel reports. The fund owned 170,110 shares of the company’s stock after purchasing an additional 11,773 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF makes up 0.9% of Cornerstone Wealth Management LLC’s investment portfolio, making the stock its 16th largest position. Cornerstone Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $18,151,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors also recently made changes to their positions in the company. Optiver Holding B.V. bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the third quarter worth approximately $25,000. United Financial Planning Group LLC bought a new stake in SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter valued at $25,000. Financial Life Planners bought a new stake in SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter valued at $26,000. Pittenger & Anderson Inc. acquired a new position in SPDR Portfolio S&P 500 Growth ETF in the 4th quarter valued at $31,000. Finally, Rakuten Securities Inc. grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 2,535.7% in the 4th quarter. Rakuten Securities Inc. now owns 369 shares of the company’s stock valued at $39,000 after buying an additional 355 shares in the last quarter.
SPDR Portfolio S&P 500 Growth ETF Price Performance
SPYG stock opened at $120.28 on Friday. The stock has a market capitalization of $53.00 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17. The business’s fifty day moving average price is $106.16 and its two-hundred day moving average price is $106.19. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $87.22 and a fifty-two week high of $120.42.
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). 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.
Featured Articles
- Five stocks we like better than SPDR Portfolio S&P 500 Growth ETF
- YETI Rallies After Earnings Beat and Raised Outlook
- How the 3 Leading Quantum Firms Stack Up After Q1 Earnings
- Cisco’s Vertical Rally May Still Be in the Early Innings
- Amazon vs. Alibaba: One Is Clearly The Better Value Play right Now
Want to see what other hedge funds are holding SPYG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG – Free Report).
Receive News & Ratings for SPDR Portfolio S&P 500 Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio S&P 500 Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.
