SPDR Portfolio S&P 500 Growth ETF $SPYG Shares Acquired by Nvest Financial LLC

Nvest Financial LLC increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 34.1% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 44,109 shares of the company’s stock after buying an additional 11,228 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF accounts for about 2.0% of Nvest Financial LLC’s investment portfolio, making the stock its 15th biggest holding. Nvest Financial LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $4,706,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in SPYG. Optiver Holding B.V. purchased a new position in SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter worth $25,000. United Financial Planning Group LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter valued at about $25,000. Financial Life Planners acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at about $26,000. Hantz Financial Services Inc. increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 583.8% in the fourth quarter. Hantz Financial Services Inc. now owns 253 shares of the company’s stock valued at $27,000 after purchasing an additional 216 shares during the period. Finally, New Millennium Group LLC purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the fourth quarter worth about $29,000.

SPDR Portfolio S&P 500 Growth ETF Stock Down 1.0%

SPDR Portfolio S&P 500 Growth ETF stock opened at $121.21 on Thursday. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $90.09 and a 52 week high of $122.92. The company has a market capitalization of $53.41 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17. The stock has a 50-day moving average price of $111.01 and a 200 day moving average price of $107.40.

SPDR Portfolio S&P 500 Growth ETF 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.