Verus Capital Partners LLC Buys 13,150 Shares of SPDR Portfolio S&P 500 Growth ETF $SPYG

Verus Capital Partners LLC boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 4.2% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 328,956 shares of the company’s stock after acquiring an additional 13,150 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF makes up approximately 2.2% of Verus Capital Partners LLC’s holdings, making the stock its 7th biggest holding. Verus Capital Partners LLC owned about 0.07% of SPDR Portfolio S&P 500 Growth ETF worth $32,208,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPYG. Morgan Stanley boosted its position in SPDR Portfolio S&P 500 Growth ETF by 95.9% in the 4th quarter. Morgan Stanley now owns 16,219,528 shares of the company’s stock valued at $1,730,624,000 after buying an additional 7,939,766 shares during the last quarter. Allworth Financial LP raised its position in shares of SPDR Portfolio S&P 500 Growth ETF by 8.7% during the fourth 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 last quarter. Valpey Financial Services LLC raised its position in shares of SPDR Portfolio S&P 500 Growth ETF by 8,907.1% during the fourth quarter. Valpey Financial Services LLC now owns 689,133 shares of the company’s stock worth $73,530,000 after acquiring an additional 681,482 shares during the last quarter. Stifel Financial Corp lifted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 63.8% during the fourth quarter. Stifel Financial Corp now owns 1,729,269 shares of the company’s stock valued at $184,514,000 after acquiring an additional 673,790 shares during the period. Finally, Benjamin Edwards Inc. boosted its holdings in SPDR Portfolio S&P 500 Growth ETF by 81.4% in the fourth quarter. Benjamin Edwards Inc. now owns 1,342,569 shares of the company’s stock valued at $143,254,000 after acquiring an additional 602,485 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Up 1.4%

SPDR Portfolio S&P 500 Growth ETF stock opened at $117.14 on Friday. The business’s 50-day simple moving average is $117.83 and its 200 day simple moving average is $110.57. The stock has a market cap of $51.82 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17. SPDR Portfolio S&P 500 Growth ETF has a 12-month low of $93.61 and a 12-month high of $122.92.

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.