Valpey Financial Services LLC Takes Position in SPDR Portfolio S&P 500 Growth ETF $SPYG

Valpey Financial Services LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 7,461 shares of the company’s stock, valued at approximately $711,000.

A number of other hedge funds also recently made changes to their positions in SPYG. Truist Financial Corp lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 662.1% in the second quarter. Truist Financial Corp now owns 2,059,594 shares of the company’s stock valued at $196,320,000 after buying an additional 1,789,329 shares during the last quarter. Exchange Traded Concepts LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the 2nd quarter worth approximately $99,999,000. SCS Capital Management LLC lifted its holdings in SPDR Portfolio S&P 500 Growth ETF by 94.1% during the 1st quarter. SCS Capital Management LLC now owns 1,793,264 shares of the company’s stock worth $144,125,000 after purchasing an additional 869,311 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in 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 worth $701,653,000 after purchasing an additional 583,587 shares during the last quarter. Finally, HighTower Advisors LLC lifted its holdings in SPDR Portfolio S&P 500 Growth ETF by 33.5% during the 1st quarter. HighTower Advisors LLC now owns 2,207,192 shares of the company’s stock worth $177,392,000 after purchasing an additional 553,803 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Trading Down 0.3%

NYSEARCA:SPYG opened at $104.83 on Monday. The stock has a market cap of $43.64 billion, a P/E ratio of 32.28 and a beta of 1.05. The stock has a 50 day simple moving average of $101.04 and a 200 day simple moving average of $92.19. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $68.65 and a 1-year high of $105.57.

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).