JDM Financial Group LLC Boosts Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

JDM Financial Group LLC increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 15.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 79,082 shares of the company’s stock after acquiring an additional 10,635 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF makes up 4.2% of JDM Financial Group LLC’s investment portfolio, making the stock its 7th largest position. JDM Financial Group LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $5,785,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of SPYG. Northwest Investment Counselors LLC bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 1st quarter worth approximately $26,000. Pineridge Advisors LLC purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the 4th quarter valued at approximately $31,000. Headlands Technologies LLC purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the 4th quarter valued at approximately $32,000. EdgeRock Capital LLC purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the 4th quarter valued at approximately $34,000. Finally, Woodmont Investment Counsel LLC purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the 1st quarter valued at approximately $44,000.

SPDR Portfolio S&P 500 Growth ETF Trading Down 0.6 %

NYSEARCA:SPYG traded down $0.51 during trading hours on Thursday, reaching $80.27. 2,270,370 shares of the company traded hands, compared to its average volume of 2,275,805. The business’s 50-day moving average price is $78.66 and its two-hundred day moving average price is $73.15. The stock has a market capitalization of $27.55 billion, a P/E ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a 1 year low of $56.78 and a 1 year high of $84.16.

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).