Lido Advisors LLC Buys 30,516 Shares of SPDR Portfolio S&P 500 Growth ETF $SPYG

Lido Advisors LLC boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 24.8% during the fourth quarter, Holdings Channel reports. The fund owned 153,641 shares of the company’s stock after acquiring an additional 30,516 shares during the period. Lido Advisors LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $16,178,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Allworth Financial LP raised its position in shares of SPDR Portfolio S&P 500 Growth ETF by 8.7% in the 4th quarter. Allworth Financial LP now owns 12,384,946 shares of the company’s stock valued at $1,321,474,000 after acquiring an additional 990,106 shares during the period. Valpey Financial Services LLC raised its position in shares of SPDR Portfolio S&P 500 Growth ETF by 8,907.1% in the 4th quarter. Valpey Financial Services LLC now owns 689,133 shares of the company’s stock valued at $73,530,000 after acquiring an additional 681,482 shares during the period. Benjamin Edwards Inc. raised its position in shares of SPDR Portfolio S&P 500 Growth ETF by 81.4% in the 4th 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 period. CIBC Bancorp USA Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter valued at approximately $62,891,000. Finally, Corient Private Wealth LLC raised its position in shares of SPDR Portfolio S&P 500 Growth ETF by 64.3% in the 2nd quarter. Corient Private Wealth LLC now owns 1,511,508 shares of the company’s stock valued at $144,077,000 after acquiring an additional 591,474 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of NYSEARCA:SPYG opened at $121.19 on Friday. The company has a market capitalization of $53.40 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17. The firm’s 50 day simple moving average is $111.46 and its 200 day simple moving average is $107.51. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $90.09 and a fifty-two week high of $122.92.

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.