Principal Securities Inc. Has $61.31 Million Holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Principal Securities Inc. increased its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 4,359.2% during the fourth quarter, Holdings Channel.com reports. The fund owned 697,501 shares of the company’s stock after buying an additional 681,859 shares during the period. SPDR Portfolio S&P 500 Growth ETF makes up about 1.4% of Principal Securities Inc.’s portfolio, making the stock its 8th biggest position. Principal Securities Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $61,310,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in SPYG. River Street Advisors LLC raised its position in shares of SPDR Portfolio S&P 500 Growth ETF by 0.9% in the 4th quarter. River Street Advisors LLC now owns 12,599 shares of the company’s stock worth $1,107,000 after acquiring an additional 110 shares in the last quarter. Key Client Fiduciary Advisors LLC increased its holdings in SPDR Portfolio S&P 500 Growth ETF by 3.5% in the fourth quarter. Key Client Fiduciary Advisors LLC now owns 3,381 shares of the company’s stock worth $297,000 after purchasing an additional 113 shares in the last quarter. Raleigh Capital Management Inc. lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 5.3% in the third quarter. Raleigh Capital Management Inc. now owns 2,422 shares of the company’s stock valued at $201,000 after buying an additional 122 shares during the period. CENTRAL TRUST Co lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 12.3% in the third quarter. CENTRAL TRUST Co now owns 1,227 shares of the company’s stock valued at $102,000 after buying an additional 134 shares during the period. Finally, AlphaMark Advisors LLC boosted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 4.2% during the 4th quarter. AlphaMark Advisors LLC now owns 3,467 shares of the company’s stock worth $305,000 after buying an additional 141 shares in the last quarter.

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

NYSEARCA:SPYG opened at $92.33 on Friday. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $68.48 and a 12 month high of $92.76. The stock has a market capitalization of $31.69 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14. The firm has a fifty day simple moving average of $89.93 and a two-hundred day simple moving average of $85.13.

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).