Root Financial Partners LLC Acquires 5,305 Shares of SPDR Portfolio S&P 500 Growth ETF $SPYG

Root Financial Partners LLC raised its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 378.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,708 shares of the company’s stock after purchasing an additional 5,305 shares during the quarter. Root Financial Partners LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $716,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Allworth Financial LP grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 8.7% during the 4th quarter. Allworth Financial LP now owns 12,384,946 shares of the company’s stock worth $1,321,474,000 after acquiring an additional 990,106 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 7.4% in the 3rd 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 in the last quarter. Ameriprise Financial Inc. raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 0.6% in the 3rd 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 in the last quarter. Horizon Investments LLC raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 1.0% in the 4th 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 in 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 4th quarter. HB Wealth Management LLC now owns 4,781,932 shares of the company’s stock valued at $489,308,000 after buying an additional 12,568 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Trading Down 0.2%

Shares of NYSEARCA SPYG opened at $122.41 on Wednesday. The stock has a market cap of $53.94 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $90.09 and a 1-year high of $122.92. The stock’s 50-day moving average is $110.12 and its 200 day moving average is $107.17.

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). 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.