Verus Capital Partners LLC Purchases 4,535 Shares of SPDR Portfolio S&P 500 Growth ETF $SPYG

Verus Capital Partners LLC raised its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 1.4% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 317,740 shares of the company’s stock after buying an additional 4,535 shares during the period. SPDR Portfolio S&P 500 Growth ETF comprises 2.5% of Verus Capital Partners LLC’s investment portfolio, making the stock its 7th biggest position. Verus Capital Partners LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $30,287,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Allworth Financial LP increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 1.2% in the 2nd quarter. Allworth Financial LP now owns 11,348,851 shares of the company’s stock valued at $1,081,773,000 after purchasing an additional 131,104 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 77.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 10,227,943 shares of the company’s stock worth $974,928,000 after buying an additional 4,470,135 shares during the period. Ameriprise Financial Inc. lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 7.2% during the 1st quarter. Ameriprise Financial Inc. now owns 8,732,829 shares of the company’s stock valued at $701,653,000 after buying an additional 583,587 shares in the last quarter. JPMorgan Chase & Co. grew its stake in SPDR Portfolio S&P 500 Growth ETF by 3.5% in the 1st quarter. JPMorgan Chase & Co. now owns 5,444,280 shares of the company’s stock valued at $437,557,000 after acquiring an additional 183,095 shares during the period. Finally, HB Wealth Management LLC raised its position in SPDR Portfolio S&P 500 Growth ETF by 3.3% during the first quarter. HB Wealth Management LLC now owns 4,788,489 shares of the company’s stock worth $371,691,000 after acquiring an additional 153,895 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Stock Up 2.3%

SPYG stock opened at $107.66 on Tuesday. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $68.65 and a 52 week high of $109.63. The stock has a market capitalization of $45.25 billion, a P/E ratio of 32.28 and a beta of 1.11. The firm has a 50-day simple moving average of $104.52 and a 200-day simple moving average of $97.31.

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).