PNC Financial Services Group Inc. boosted its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG – Free Report) by 157.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 48,698 shares of the company’s stock after purchasing an additional 29,784 shares during the quarter. PNC Financial Services Group Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $5,196,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of SPYG. Brighton Jones LLC raised its stake in SPDR Portfolio S&P 500 Growth ETF by 6.9% in the fourth quarter. Brighton Jones LLC now owns 3,152 shares of the company’s stock valued at $277,000 after purchasing an additional 204 shares in the last quarter. AQR Capital Management LLC raised its stake in SPDR Portfolio S&P 500 Growth ETF by 91.0% in the first quarter. AQR Capital Management LLC now owns 60,022 shares of the company’s stock valued at $4,824,000 after purchasing an additional 28,598 shares in the last quarter. Russell Investments Group Ltd. raised its stake in SPDR Portfolio S&P 500 Growth ETF by 138.0% in 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 in the last quarter. First Trust Advisors LP acquired a new position in SPDR Portfolio S&P 500 Growth ETF during the second quarter worth about $732,000. Finally, Gamco Investors INC. ET AL acquired a new position in SPDR Portfolio S&P 500 Growth ETF during the second quarter worth about $357,000.
SPDR Portfolio S&P 500 Growth ETF Stock Performance
Shares of NYSEARCA SPYG opened at $118.28 on Tuesday. The company has a market cap of $52.12 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $87.22 and a 12 month high of $120.42. The stock has a 50-day moving average price of $108.20 and a two-hundred day moving average price of $106.67.
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.
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