Commonwealth Equity Services LLC Boosts Stock Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Commonwealth Equity Services LLC lifted its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 15.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,087,170 shares of the company’s stock after purchasing an additional 271,564 shares during the quarter. Commonwealth Equity Services LLC owned 0.71% of SPDR Portfolio S&P 500 Growth ETF worth $135,791,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SPYG. Capital Investment Advisory Services LLC raised its position in SPDR Portfolio S&P 500 Growth ETF by 3.0% during the 4th quarter. Capital Investment Advisory Services LLC now owns 28,466 shares of the company’s stock valued at $1,852,000 after purchasing an additional 826 shares during the last quarter. Kestra Private Wealth Services LLC raised its position in SPDR Portfolio S&P 500 Growth ETF by 116.7% during the 4th quarter. Kestra Private Wealth Services LLC now owns 176,939 shares of the company’s stock valued at $11,512,000 after purchasing an additional 95,299 shares during the last quarter. Burney Co. raised its position in SPDR Portfolio S&P 500 Growth ETF by 9.1% during the 3rd quarter. Burney Co. now owns 33,875 shares of the company’s stock valued at $2,008,000 after purchasing an additional 2,826 shares during the last quarter. FFT Wealth Management LLC raised its position in SPDR Portfolio S&P 500 Growth ETF by 0.3% during the 3rd quarter. FFT Wealth Management LLC now owns 539,957 shares of the company’s stock valued at $32,009,000 after purchasing an additional 1,575 shares during the last quarter. Finally, Fernwood Investment Management LLC raised its position in SPDR Portfolio S&P 500 Growth ETF by 7.7% during the 4th quarter. Fernwood Investment Management LLC now owns 28,307 shares of the company’s stock valued at $1,842,000 after purchasing an additional 2,018 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Price Performance

SPYG traded up $0.68 during midday trading on Thursday, reaching $70.72. 819,344 shares of the company’s stock traded hands, compared to its average volume of 2,157,172. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $54.73 and a 52 week high of $74.10. The stock has a market capitalization of $24.27 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14. The firm has a fifty day moving average of $71.97 and a two-hundred day moving average of $66.98.

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).