Michael S. Ryan Inc. Raises Stock Holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Michael S. Ryan Inc. raised its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 2.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 100,194 shares of the company’s stock after purchasing an additional 2,060 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF accounts for about 6.0% of Michael S. Ryan Inc.’s holdings, making the stock its 7th biggest holding. Michael S. Ryan Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $8,807,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in SPYG. LPL Financial LLC raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 4.5% in the 3rd quarter. LPL Financial LLC now owns 31,403,162 shares of the company’s stock valued at $2,604,578,000 after buying an additional 1,354,443 shares during the last quarter. Allworth Financial LP increased its holdings in SPDR Portfolio S&P 500 Growth ETF by 1.9% in the third quarter. Allworth Financial LP now owns 13,177,373 shares of the company’s stock valued at $1,092,931,000 after purchasing an additional 249,829 shares during the period. Envestnet Asset Management Inc. raised its position in SPDR Portfolio S&P 500 Growth ETF by 125.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,065,732 shares of the company’s stock worth $966,827,000 after purchasing an additional 6,706,045 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in SPDR Portfolio S&P 500 Growth ETF by 2.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,161,827 shares of the company’s stock worth $428,122,000 after buying an additional 122,184 shares during the period. Finally, Valmark Advisers Inc. grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 2.4% in the 3rd quarter. Valmark Advisers Inc. now owns 4,638,687 shares of the company’s stock valued at $384,733,000 after buying an additional 107,423 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of SPYG stock traded up $0.11 on Wednesday, hitting $88.76. The company had a trading volume of 2,359,978 shares, compared to its average volume of 2,505,670. SPDR Portfolio S&P 500 Growth ETF has a twelve month low of $64.04 and a twelve month high of $91.49. The firm has a market cap of $30.47 billion, a P/E ratio of 27.22 and a beta of 1.14. The stock’s 50-day moving average is $87.88 and its two-hundred day moving average is $83.32.

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).