Benchmark Financial LLC Has $15.78 Million Stock Position in SPDR Portfolio S&P 500 Growth ETF $SPYG

Benchmark Financial LLC increased its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 14.1% during the first quarter, Holdings Channel.com reports. The firm owned 161,170 shares of the company’s stock after purchasing an additional 19,968 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF accounts for approximately 14.2% of Benchmark Financial LLC’s holdings, making the stock its largest position. Benchmark Financial LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $15,780,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Morgan Stanley increased its position in SPDR Portfolio S&P 500 Growth ETF by 95.9% in 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 in the last quarter. Allworth Financial LP lifted its position 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 valued at $1,321,474,000 after buying an additional 990,106 shares in the last quarter. Ameriprise Financial Inc. grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 0.6% during 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 during the period. JPMorgan Chase & Co. grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 4.7% during the 4th quarter. JPMorgan Chase & Co. now owns 5,768,335 shares of the company’s stock valued at $615,481,000 after acquiring an additional 258,138 shares during the period. Finally, Horizon Investments LLC increased its holdings in 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 worth $575,034,000 after acquiring an additional 52,598 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Trading Down 0.7%

NYSEARCA SPYG opened at $114.71 on Friday. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $93.61 and a 12 month high of $122.92. The stock has a market cap of $50.55 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17. The company’s 50 day moving average is $116.61 and its two-hundred day moving average is $108.79.

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.