SPDR Portfolio S&P 500 Growth ETF $SPYG Stock Position Lifted by Truist Financial Corp

Truist Financial Corp increased its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 17.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,409,738 shares of the company’s stock after purchasing an additional 350,144 shares during the quarter. Truist Financial Corp owned 0.57% of SPDR Portfolio S&P 500 Growth ETF worth $251,842,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Clayton Financial Group LLC bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter worth approximately $26,000. CGC Financial Services LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF in the third quarter worth $30,000. Quaker Wealth Management LLC increased its position in SPDR Portfolio S&P 500 Growth ETF by 292.9% in the second quarter. Quaker Wealth Management LLC now owns 301 shares of the company’s stock worth $29,000 after buying an additional 457 shares during the period. Grey Fox Wealth Advisors LLC bought a new stake in SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at $41,000. Finally, Russell Investments Group Ltd. boosted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 138.0% during the second quarter. Russell Investments Group Ltd. now owns 545 shares of the company’s stock valued at $52,000 after acquiring an additional 316 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Stock Up 0.9%

SPYG stock opened at $108.66 on Wednesday. The stock has a market cap of $46.10 billion, a PE ratio of 32.28 and a beta of 1.11. The firm’s 50-day simple moving average is $106.75 and its 200 day simple moving average is $103.84. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $68.65 and a fifty-two week 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.