SPDR Portfolio S&P 500 Growth ETF $SPYG Shares Acquired by Summit Financial LLC

Summit Financial LLC grew its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 12.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 281,920 shares of the company’s stock after purchasing an additional 31,817 shares during the period. Summit Financial LLC owned approximately 0.07% of SPDR Portfolio S&P 500 Growth ETF worth $30,081,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Concorde Asset Management LLC grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 8.9% during the fourth quarter. Concorde Asset Management LLC now owns 6,139 shares of the company’s stock worth $655,000 after acquiring an additional 502 shares during the period. Laurel Oak Wealth Management LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the fourth quarter worth about $400,000. Fiduciary Group LLC grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 3.4% during the fourth quarter. Fiduciary Group LLC now owns 3,109 shares of the company’s stock worth $332,000 after acquiring an additional 103 shares during the period. Guardsman Private Capital Management Inc. acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the fourth quarter worth about $546,000. Finally, Elevation Wealth Management LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the fourth quarter worth about $251,000.

SPDR Portfolio S&P 500 Growth ETF Stock Up 0.4%

SPDR Portfolio S&P 500 Growth ETF stock opened at $116.90 on Friday. The firm has a market cap of $51.51 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $90.21 and a 52 week high of $122.92. The business’s 50-day moving average price is $113.76 and its 200 day moving average price is $108.03.

SPDR Portfolio S&P 500 Growth ETF Company 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.