CBM Financial LLC Makes New $13.77 Million Investment in SPDR Portfolio S&P 500 Growth ETF $SPYG

CBM Financial LLC bought a new position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) in the fourth quarter, Holdings Channel reports. The institutional investor bought 132,335 shares of the company’s stock, valued at approximately $13,766,000. SPDR Portfolio S&P 500 Growth ETF comprises about 9.3% of CBM Financial LLC’s investment portfolio, making the stock its 5th largest holding.

Other institutional investors have also modified their holdings of the company. N.E.W. Advisory Services LLC increased its stake in SPDR Portfolio S&P 500 Growth ETF by 42.5% during the fourth quarter. N.E.W. Advisory Services LLC now owns 37,488 shares of the company’s stock worth $4,000,000 after acquiring an additional 11,188 shares during the last quarter. BIP Wealth LLC raised its position in SPDR Portfolio S&P 500 Growth ETF by 24.7% in the fourth quarter. BIP Wealth LLC now owns 224,019 shares of the company’s stock valued at $23,903,000 after purchasing an additional 44,345 shares during the period. Fisher Asset Management LLC acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter valued at $725,000. Gryphon Financial Partners LLC lifted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 465.1% in the 4th quarter. Gryphon Financial Partners LLC now owns 13,698 shares of the company’s stock valued at $1,462,000 after purchasing an additional 11,274 shares during the last quarter. Finally, Confluence Investment Management LLC lifted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 74.9% in the 4th quarter. Confluence Investment Management LLC now owns 512,845 shares of the company’s stock valued at $54,721,000 after purchasing an additional 219,542 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Trading Up 1.7%

NYSEARCA SPYG opened at $119.54 on Friday. The stock has a market cap of $52.68 billion, a PE ratio of 32.28 and a beta of 1.17. SPDR Portfolio S&P 500 Growth ETF has a twelve month low of $90.21 and a twelve month high of $122.92. The stock has a fifty day simple moving average of $115.32 and a 200-day simple moving average of $108.40.

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). 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.