JPMorgan Chase & Co. increased its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG – Free Report) by 4.7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 5,768,335 shares of the company’s stock after buying an additional 258,138 shares during the quarter. JPMorgan Chase & Co.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $615,481,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Optiver Holding B.V. purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth about $25,000. United Financial Planning Group LLC purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter valued at about $25,000. Financial Life Planners purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter valued at about $26,000. Hantz Financial Services Inc. raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 583.8% in the 4th quarter. Hantz Financial Services Inc. now owns 253 shares of the company’s stock worth $27,000 after purchasing an additional 216 shares during the period. Finally, New Millennium Group LLC acquired a new position in SPDR Portfolio S&P 500 Growth ETF in the 4th quarter worth about $29,000.
SPDR Portfolio S&P 500 Growth ETF Trading Down 2.3%
Shares of SPYG stock opened at $113.92 on Thursday. SPDR Portfolio S&P 500 Growth ETF has a 12-month low of $90.21 and a 12-month high of $122.92. The business’s 50 day moving average is $113.03 and its two-hundred day moving average is $107.88. The company has a market capitalization of $50.20 billion, a P/E ratio of 32.28 and a beta of 1.17.
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.
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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).
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