Redwood Investment Management LLC Boosts Holdings in SPDR Portfolio S&P 500 Growth ETF $SPYG

Redwood Investment Management LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 17.3% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 393,761 shares of the company’s stock after acquiring an additional 58,164 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF accounts for about 4.8% of Redwood Investment Management LLC’s investment portfolio, making the stock its 5th largest holding. Redwood Investment Management LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $38,553,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of SPYG. Western Wealth Management LLC lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 3.9% during the first quarter. Western Wealth Management LLC now owns 392,110 shares of the company’s stock worth $38,391,000 after acquiring an additional 14,887 shares in the last quarter. FAS Wealth Partners Inc. boosted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 7.4% in the first quarter. FAS Wealth Partners Inc. now owns 1,711 shares of the company’s stock worth $168,000 after acquiring an additional 118 shares during the period. Robinswood Financial LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the first quarter worth $4,594,000. Town Capital LLC grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 75.1% in the first quarter. Town Capital LLC now owns 83,104 shares of the company’s stock valued at $8,137,000 after purchasing an additional 35,630 shares in the last quarter. Finally, DV Trading LLC grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 12.9% in the first quarter. DV Trading LLC now owns 3,500 shares of the company’s stock valued at $343,000 after purchasing an additional 400 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

NYSEARCA:SPYG opened at $117.14 on Monday. The business’s fifty day moving average is $117.83 and its 200 day moving average is $110.59. The firm has a market cap of $51.81 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $93.61 and a 52-week high of $122.92.

About SPDR Portfolio S&P 500 Growth ETF

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.