Meridian Wealth Management LLC lifted its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG – Free Report) by 49.7% in the fourth quarter, HoldingsChannel reports. The fund owned 94,548 shares of the company’s stock after purchasing an additional 31,383 shares during the quarter. Meridian Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $10,088,000 at the end of the most recent reporting period.
Other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 6.9% during the fourth quarter. Brighton Jones LLC now owns 3,152 shares of the company’s stock worth $277,000 after acquiring an additional 204 shares during the period. AQR Capital Management LLC grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 91.0% during the first quarter. AQR Capital Management LLC now owns 60,022 shares of the company’s stock worth $4,824,000 after acquiring an additional 28,598 shares during the period. Russell Investments Group Ltd. lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 138.0% during the second quarter. Russell Investments Group Ltd. now owns 545 shares of the company’s stock valued at $52,000 after purchasing an additional 316 shares during the last quarter. First Trust Advisors LP acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the second quarter valued at approximately $732,000. Finally, Gamco Investors INC. ET AL acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the second quarter valued at approximately $357,000.
SPDR Portfolio S&P 500 Growth ETF Price Performance
SPYG stock opened at $117.91 on Tuesday. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $86.11 and a 12 month high of $118.39. The firm has a market cap of $51.96 billion, a PE ratio of 32.28 and a beta of 1.17. The firm has a 50 day simple moving average of $105.22 and a 200 day simple moving average of $105.90.
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). 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.
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