Founders Capital Management Grows Holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Founders Capital Management increased its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYGFree Report) by 36.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 82,011 shares of the company’s stock after acquiring an additional 22,098 shares during the period. SPDR Portfolio S&P 500 Growth ETF comprises 4.1% of Founders Capital Management’s investment portfolio, making the stock its 7th biggest holding. Founders Capital Management’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $5,999,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in SPYG. LPL Financial LLC grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 6.1% in the 3rd quarter. LPL Financial LLC now owns 23,149,326 shares of the company’s stock worth $1,372,292,000 after acquiring an additional 1,322,547 shares in the last quarter. Allworth Financial LP grew its position in SPDR Portfolio S&P 500 Growth ETF by 2.9% in the 4th quarter. Allworth Financial LP now owns 12,447,369 shares of the company’s stock worth $809,826,000 after purchasing an additional 350,344 shares in the last quarter. Morgan Stanley increased its stake in SPDR Portfolio S&P 500 Growth ETF by 12.1% in the 3rd quarter. Morgan Stanley now owns 5,745,319 shares of the company’s stock valued at $340,583,000 after buying an additional 619,609 shares during the last quarter. Ameriprise Financial Inc. lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 29.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 5,248,532 shares of the company’s stock worth $311,126,000 after buying an additional 1,183,435 shares in the last quarter. Finally, Valmark Advisers Inc. boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 0.7% in the 4th quarter. Valmark Advisers Inc. now owns 4,900,227 shares of the company’s stock worth $318,809,000 after buying an additional 36,180 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Trading Down 0.7 %

Shares of SPYG stock traded down $0.60 during trading on Thursday, hitting $80.35. The company’s stock had a trading volume of 2,404,661 shares, compared to its average volume of 2,234,400. The business has a fifty day moving average of $74.51 and a 200-day moving average of $70.74. The company has a market cap of $27.58 billion, a PE ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $56.78 and a 52 week high of $81.32.

SPDR Portfolio S&P 500 Growth ETF Company Profile

(Free Report)

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).

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Institutional Ownership by Quarter for SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

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