Westwood Wealth Management Acquires Shares of 43,544 SPDR Portfolio S&P 500 Growth ETF $SPYG

Westwood Wealth Management bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 43,544 shares of the company’s stock, valued at approximately $4,646,000. SPDR Portfolio S&P 500 Growth ETF accounts for about 3.5% of Westwood Wealth Management’s holdings, making the stock its 7th largest holding.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in SPYG. Allworth Financial LP grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 0.4% in the 3rd quarter. Allworth Financial LP now owns 11,394,840 shares of the company’s stock valued at $1,190,875,000 after purchasing an additional 45,989 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 7.4% during the third quarter. Envestnet Asset Management Inc. now owns 10,982,338 shares of the company’s stock worth $1,147,764,000 after purchasing an additional 754,395 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 0.6% during the third quarter. Ameriprise Financial Inc. now owns 9,914,602 shares of the company’s stock worth $1,036,342,000 after purchasing an additional 61,348 shares during the period. HB Wealth Management LLC grew its position in SPDR Portfolio S&P 500 Growth ETF by 9.2% in the 3rd quarter. HB Wealth Management LLC now owns 4,769,364 shares of the company’s stock valued at $479,781,000 after buying an additional 402,591 shares during the last quarter. Finally, Valmark Advisers Inc. grew its position in SPDR Portfolio S&P 500 Growth ETF by 1.2% in the 3rd quarter. Valmark Advisers Inc. now owns 4,645,016 shares of the company’s stock valued at $485,451,000 after buying an additional 52,840 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of SPYG opened at $96.85 on Friday. The stock has a market capitalization of $41.31 billion, a P/E ratio of 32.28 and a beta of 1.11. SPDR Portfolio S&P 500 Growth ETF has a 1 year low of $68.65 and a 1 year high of $109.63. The company’s fifty day moving average is $104.01 and its two-hundred day moving average is $105.15.

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.