Claris Financial LLC Invests $1.28 Million in SPDR Portfolio S&P 500 Growth ETF $SPYG

Claris Financial LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 12,024 shares of the company’s stock, valued at approximately $1,283,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. ATX Financial Planning LLC bought a new stake in SPDR Portfolio S&P 500 Growth ETF during the fourth quarter valued at about $942,000. CBM Financial LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF in the fourth quarter worth about $13,766,000. Axxcess Wealth Management LLC raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 91.5% in the fourth quarter. Axxcess Wealth Management LLC now owns 104,840 shares of the company’s stock worth $11,187,000 after buying an additional 50,093 shares during the period. Corient Private Wealth LLC raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 7.2% in the fourth quarter. Corient Private Wealth LLC now owns 885,327 shares of the company’s stock worth $93,845,000 after buying an additional 59,711 shares during the period. Finally, Strive Financial Group LLC purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 4th quarter valued at about $56,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

SPYG opened at $119.54 on Friday. The company has a 50 day simple moving average of $115.32 and a two-hundred day simple moving average of $108.40. The firm has a market cap of $52.68 billion, a P/E ratio of 32.28 and a beta of 1.17. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $90.21 and a 1-year high of $122.92.

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.