NewEdge Advisors LLC Raises Position in SPDR Portfolio S&P 500 Growth ETF $SPYG

NewEdge Advisors LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 28.7% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 419,957 shares of the company’s stock after purchasing an additional 93,578 shares during the quarter. NewEdge Advisors LLC owned about 0.10% of SPDR Portfolio S&P 500 Growth ETF worth $41,118,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Morgan Stanley lifted its position in SPDR Portfolio S&P 500 Growth ETF by 95.9% during the fourth quarter. Morgan Stanley now owns 16,219,528 shares of the company’s stock worth $1,730,624,000 after buying an additional 7,939,766 shares during the period. Allworth Financial LP grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 8.7% in the 4th quarter. Allworth Financial LP now owns 12,384,946 shares of the company’s stock valued at $1,321,474,000 after buying an additional 990,106 shares during the period. Valpey Financial Services LLC increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 8,907.1% during the 4th quarter. Valpey Financial Services LLC now owns 689,133 shares of the company’s stock valued at $73,530,000 after acquiring an additional 681,482 shares during the last quarter. Stifel Financial Corp increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 63.8% during the 4th quarter. Stifel Financial Corp now owns 1,729,269 shares of the company’s stock valued at $184,514,000 after acquiring an additional 673,790 shares during the last quarter. Finally, Benjamin Edwards Inc. increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 81.4% during the 4th quarter. Benjamin Edwards Inc. now owns 1,342,569 shares of the company’s stock valued at $143,254,000 after acquiring an additional 602,485 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of SPYG stock opened at $122.17 on Friday. The firm’s 50-day simple moving average is $117.99 and its 200-day simple moving average is $110.99. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $93.61 and a 1-year high of $124.04. The firm has a market cap of $54.08 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.