Envestnet Asset Management Inc. Acquires 903,774 Shares of SPDR Portfolio S&P 500 Growth ETF $SPYG

Envestnet Asset Management Inc. boosted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYGFree Report) by 10.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,489,431 shares of the company’s stock after buying an additional 903,774 shares during the quarter. Envestnet Asset Management Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $1,129,147,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. The Manufacturers Life Insurance Company acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the second quarter worth about $375,859,000. Valpey Financial Services LLC increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 8,907.1% during the 4th quarter. Valpey Financial Services LLC now owns 689,133 shares of the company’s stock valued at $73,530,000 after acquiring an additional 681,482 shares during the last quarter. Canandaigua National Bank & Trust Co. bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the 2nd quarter valued at approximately $71,180,000. Navigation Group LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the 1st quarter valued at approximately $46,978,000. Finally, Diversify Wealth Management LLC lifted its holdings in SPDR Portfolio S&P 500 Growth ETF by 40.4% in the 1st quarter. Diversify Wealth Management LLC now owns 1,666,662 shares of the company’s stock worth $163,183,000 after purchasing an additional 479,780 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Price Performance

SPYG traded down $1.18 on Wednesday, hitting $123.06. The company had a trading volume of 2,148,454 shares, compared to its average volume of 3,862,887. The stock has a market cap of $55.68 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17. The company’s fifty day moving average price is $119.94 and its 200 day moving average price is $114.71. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $93.61 and a 1-year high of $124.58.

About SPDR Portfolio S&P 500 Growth ETF

(Free Report)

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.

Further Reading

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:SPYGFree Report).

Institutional Ownership by Quarter for SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

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.