UNIVEST FINANCIAL Corp Makes New $19.81 Million Investment in SPDR Portfolio S&P 500 Growth ETF $SPYG

UNIVEST FINANCIAL Corp bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) in the 3rd quarter, Holdings Channel.com reports. The fund bought 160,942 shares of the company’s stock, valued at approximately $19,809,000. SPDR Portfolio S&P 500 Growth ETF accounts for approximately 0.9% of UNIVEST FINANCIAL Corp’s investment portfolio, making the stock its 20th largest position.

Several other institutional investors and hedge funds have also recently bought and sold shares of SPYG. Granville Capital Inc. acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the third quarter worth about $29,628,000. Silver Grove Financial Group Inc. raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 225.6% in the third quarter. Silver Grove Financial Group Inc. now owns 1,706 shares of the company’s stock valued at $210,000 after acquiring an additional 1,182 shares in the last quarter. Macco Financial Group Inc. raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 24.2% in the third quarter. Macco Financial Group Inc. now owns 161,395 shares of the company’s stock valued at $19,864,000 after acquiring an additional 31,491 shares in the last quarter. AMG National Trust Bank purchased a new position in SPDR Portfolio S&P 500 Growth ETF in the third quarter worth approximately $1,039,000. Finally, Moneco Advisors LLC lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 46.1% in the third quarter. Moneco Advisors LLC now owns 247,604 shares of the company’s stock worth $30,475,000 after acquiring an additional 78,132 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Up 1.7%

NYSEARCA SPYG opened at $116.18 on Thursday. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $93.61 and a 52 week high of $127.13. The stock has a market capitalization of $54.15 billion, a PE ratio of 32.28 and a beta of 1.17. The firm has a 50 day moving average of $120.89 and a two-hundred day moving average of $114.50.

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.