Clear Retirement Advice LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG – Free Report) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 36,322 shares of the company’s stock, valued at approximately $3,777,000. SPDR Portfolio S&P 500 Growth ETF accounts for about 3.0% of Clear Retirement Advice LLC’s investment portfolio, making the stock its 12th biggest holding.
A number of other institutional investors also recently modified their holdings of SPYG. Morgan Stanley lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 95.9% during the 4th 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 last quarter. Allworth Financial LP grew its position in SPDR Portfolio S&P 500 Growth ETF by 8.7% in the fourth quarter. Allworth Financial LP now owns 12,384,946 shares of the company’s stock valued at $1,321,474,000 after acquiring an additional 990,106 shares during the last quarter. Ameriprise Financial Inc. grew its position 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 valued at $1,036,342,000 after acquiring an additional 61,348 shares during the last quarter. JPMorgan Chase & Co. raised its stake in SPDR Portfolio S&P 500 Growth ETF by 4.7% during the fourth quarter. JPMorgan Chase & Co. now owns 5,768,335 shares of the company’s stock worth $615,481,000 after acquiring an additional 258,138 shares in the last quarter. Finally, Horizon Investments LLC raised its stake in SPDR Portfolio S&P 500 Growth ETF by 1.0% during the fourth 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 in the last quarter.
SPDR Portfolio S&P 500 Growth ETF Trading Up 1.7%
SPYG stock opened at $119.54 on Friday. The firm has a 50-day moving average price of $115.32 and a 200-day moving average price of $108.40. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $90.21 and a 12 month high of $122.92. The stock has a market capitalization of $52.68 billion, a P/E ratio of 32.28 and a beta of 1.17.
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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