Lido Advisors LLC Purchases New Holdings in SPDR Portfolio S&P 500 Growth ETF $SPYG

Lido Advisors LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 131,338 shares of the company’s stock, valued at approximately $16,165,000.

Several other institutional investors have also modified their holdings of the business. Envestnet Asset Management Inc. increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 10.5% during the second quarter. Envestnet Asset Management Inc. now owns 9,489,431 shares of the company’s stock worth $1,129,147,000 after acquiring an additional 903,774 shares during the period. Vantagepoint Investment Advisers LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at $527,447,000. Orgel Wealth Management LLC raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 1.0% in the third quarter. Orgel Wealth Management LLC now owns 3,432,643 shares of the company’s stock valued at $422,490,000 after acquiring an additional 34,234 shares in the last quarter. The Manufacturers Life Insurance Company purchased a new position in SPDR Portfolio S&P 500 Growth ETF in the second quarter valued at $375,859,000. Finally, Kestra Investment Management LLC boosted its holdings in SPDR Portfolio S&P 500 Growth ETF by 3.3% in the third quarter. Kestra Investment Management LLC now owns 3,017,788 shares of the company’s stock valued at $371,429,000 after purchasing an additional 97,567 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Price Performance

SPYG opened at $116.18 on Thursday. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $93.61 and a 12 month high of $127.13. The stock has a market capitalization of $54.15 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17. The business has a fifty day moving average price of $120.89 and a 200 day moving average price of $114.50.

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.