Kestra Investment Management LLC Has $279.10 Million Stock Position in SPDR Portfolio S&P 500 Growth ETF $SPYG

Kestra Investment Management LLC grew its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 11.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,615,739 shares of the company’s stock after acquiring an additional 269,602 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF accounts for 6.8% of Kestra Investment Management LLC’s holdings, making the stock its 2nd biggest position. Kestra Investment Management LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $279,099,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently modified their holdings of the company. Optiver Holding B.V. bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter valued at about $25,000. United Financial Planning Group LLC bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter valued at about $25,000. Financial Life Planners bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter valued at about $26,000. Hantz Financial Services Inc. increased its stake in shares of 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 valued at $27,000 after acquiring an additional 216 shares during the last quarter. Finally, New Millennium Group LLC bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 4th quarter valued at about $29,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of SPYG stock opened at $118.28 on Tuesday. The stock has a market cap of $52.12 billion, a PE ratio of 32.28 and a beta of 1.17. The stock has a 50-day moving average of $108.20 and a 200-day moving average of $106.67. SPDR Portfolio S&P 500 Growth ETF has a one year low of $87.22 and a one year high of $120.42.

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.