Daviman Financial LLC Makes New Investment in SPDR Portfolio S&P 500 Growth ETF $SPYG

Daviman Financial LLC purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) during the fourth quarter, Holdings Channel reports. The firm purchased 4,600 shares of the company’s stock, valued at approximately $491,000.

Other hedge funds also recently bought and sold shares of the company. Allworth Financial LP raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 8.7% during the fourth quarter. Allworth Financial LP now owns 12,384,946 shares of the company’s stock valued at $1,321,474,000 after acquiring an additional 990,106 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 7.4% during the third quarter. Envestnet Asset Management Inc. now owns 10,982,338 shares of the company’s stock valued at $1,147,764,000 after acquiring an additional 754,395 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 0.6% during the third quarter. Ameriprise Financial Inc. now owns 9,914,602 shares of the company’s stock valued at $1,036,342,000 after acquiring an additional 61,348 shares during the last quarter. Horizon Investments LLC raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 1.0% during the fourth quarter. Horizon Investments LLC now owns 5,389,258 shares of the company’s stock valued at $575,034,000 after acquiring an additional 52,598 shares during the last quarter. Finally, HB Wealth Management LLC raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 0.3% during the fourth quarter. HB Wealth Management LLC now owns 4,781,932 shares of the company’s stock valued at $489,308,000 after acquiring an additional 12,568 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of SPDR Portfolio S&P 500 Growth ETF stock opened at $118.28 on Friday. The business has a 50 day simple moving average of $107.87 and a two-hundred day simple moving average of $106.60. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $87.22 and a 12 month high of $120.42. The stock has a market capitalization of $52.12 billion, a P/E ratio of 32.28 and a beta of 1.17.

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.