SPDR Portfolio S&P 500 Growth ETF $SPYG Stock: Harbor Group Inc. Raises Stake

Harbor Group Inc. lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 5.5% in the 3rd quarter, Holdings Channel.com reports. The fund owned 206,036 shares of the company’s stock after buying an additional 10,805 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises approximately 3.0% of Harbor Group Inc.’s investment portfolio, making the stock its 13th largest position. Harbor Group Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $25,359,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in SPYG. Envestnet Asset Management Inc. raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 10.5% in the second quarter. Envestnet Asset Management Inc. now owns 9,489,431 shares of the company’s stock worth $1,129,147,000 after purchasing an additional 903,774 shares during the last quarter. Valmark Advisers Inc. raised its position in SPDR Portfolio S&P 500 Growth ETF by 4.8% in the 1st quarter. Valmark Advisers Inc. now owns 4,884,338 shares of the company’s stock worth $478,226,000 after buying an additional 223,140 shares during the last quarter. The Manufacturers Life Insurance Company bought a new position in SPDR Portfolio S&P 500 Growth ETF during the 2nd quarter valued at about $375,859,000. Royal Bank of Canada lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 11.9% during the 1st quarter. Royal Bank of Canada now owns 2,786,235 shares of the company’s stock valued at $272,801,000 after acquiring an additional 297,196 shares during the period. Finally, NorthRock Partners LLC lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 6.0% during the 2nd quarter. NorthRock Partners LLC now owns 2,326,724 shares of the company’s stock valued at $276,857,000 after acquiring an additional 132,109 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Stock Down 1.9%

Shares of NYSEARCA SPYG opened at $122.73 on Thursday. The firm’s 50-day moving average price is $122.24 and its 200-day moving average price is $117.30. The company has a market cap of $56.76 billion, a PE ratio of 32.28 and a beta of 1.17. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $93.61 and a 52-week high of $127.13.

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.