ERn Financial LLC Increases Stock Holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

ERn Financial LLC raised its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 0.6% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 290,064 shares of the company’s stock after purchasing an additional 1,838 shares during the period. SPDR Portfolio S&P 500 Growth ETF makes up 3.7% of ERn Financial LLC’s portfolio, making the stock its 5th biggest holding. ERn Financial LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $21,218,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in SPYG. Quotient Wealth Partners LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the fourth quarter worth $184,276,000. Financial Gravity Asset Management Inc. boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 2,334.0% during the 3rd quarter. Financial Gravity Asset Management Inc. now owns 1,844,352 shares of the company’s stock worth $109,333,000 after acquiring an additional 1,768,578 shares in the last quarter. GLOBALT Investments LLC GA acquired a new position in SPDR Portfolio S&P 500 Growth ETF during the fourth quarter valued at approximately $80,116,000. Ameriprise Financial Inc. lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 29.1% during the third quarter. Ameriprise Financial Inc. now owns 5,248,532 shares of the company’s stock worth $311,126,000 after purchasing an additional 1,183,435 shares during the last quarter. Finally, Scarborough Advisors LLC raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 2,911.7% during the 4th quarter. Scarborough Advisors LLC now owns 1,083,064 shares of the company’s stock worth $70,464,000 after buying an additional 1,047,102 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Price Performance

NYSEARCA:SPYG traded up $0.20 during trading hours on Thursday, hitting $80.72. The company’s stock had a trading volume of 1,729,469 shares, compared to its average volume of 2,264,930. The company has a market capitalization of $27.71 billion, a P/E ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a twelve month low of $56.78 and a twelve month high of $81.32. The stock has a fifty day simple moving average of $74.99 and a 200-day simple moving average of $71.21.

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).