Shepherd Financial Partners LLC Purchases 362,826 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Shepherd Financial Partners LLC increased its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 976.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 399,967 shares of the company’s stock after purchasing an additional 362,826 shares during the period. SPDR Portfolio S&P 500 Growth ETF comprises about 3.8% of Shepherd Financial Partners LLC’s investment portfolio, making the stock its 6th largest position. Shepherd Financial Partners LLC owned about 0.11% of SPDR Portfolio S&P 500 Growth ETF worth $32,145,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. LPL Financial LLC boosted its holdings in SPDR Portfolio S&P 500 Growth ETF by 8.3% during the fourth quarter. LPL Financial LLC now owns 34,023,208 shares of the company’s stock valued at $2,990,640,000 after purchasing an additional 2,620,046 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 176.9% in the 4th quarter. Envestnet Asset Management Inc. now owns 16,832,670 shares of the company’s stock valued at $1,479,592,000 after buying an additional 10,754,386 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 4.2% in the 4th quarter. Ameriprise Financial Inc. now owns 8,149,242 shares of the company’s stock valued at $716,533,000 after buying an additional 330,025 shares in the last quarter. JPMorgan Chase & Co. grew its position in SPDR Portfolio S&P 500 Growth ETF by 1.9% in the fourth quarter. JPMorgan Chase & Co. now owns 5,261,185 shares of the company’s stock valued at $462,458,000 after acquiring an additional 99,358 shares during the period. Finally, Connecticut Wealth Management LLC grew its position in SPDR Portfolio S&P 500 Growth ETF by 194.9% in the fourth quarter. Connecticut Wealth Management LLC now owns 4,210,466 shares of the company’s stock valued at $370,100,000 after acquiring an additional 2,782,724 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA SPYG opened at $91.37 on Wednesday. The stock has a market cap of $35.31 billion, a PE ratio of 29.85 and a beta of 1.12. The business has a fifty day moving average of $85.56 and a two-hundred day moving average of $86.50. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $68.65 and a 52-week high of $92.76.

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).