Founders Financial Securities LLC Acquires 80,305 Shares of SPDR Portfolio S&P 500 Growth ETF $SPYG

Founders Financial Securities LLC boosted its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 8.3% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 1,050,219 shares of the company’s stock after acquiring an additional 80,305 shares during the period. SPDR Portfolio S&P 500 Growth ETF comprises approximately 6.6% of Founders Financial Securities LLC’s holdings, making the stock its biggest holding. Founders Financial Securities LLC owned 0.24% of SPDR Portfolio S&P 500 Growth ETF worth $109,223,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Whittier Trust Co. lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 10.2% during the 4th quarter. Whittier Trust Co. now owns 1,040 shares of the company’s stock worth $112,000 after acquiring an additional 96 shares during the period. Thoroughbred Financial Services LLC increased its position in SPDR Portfolio S&P 500 Growth ETF by 0.6% during the fourth quarter. Thoroughbred Financial Services LLC now owns 17,381 shares of the company’s stock worth $1,854,000 after purchasing an additional 99 shares during the last quarter. Pathstone Holdings LLC increased its position in SPDR Portfolio S&P 500 Growth ETF by 0.4% during the third quarter. Pathstone Holdings LLC now owns 22,934 shares of the company’s stock worth $2,397,000 after purchasing an additional 102 shares during the last quarter. Fiduciary Group LLC raised its stake in SPDR Portfolio S&P 500 Growth ETF by 3.4% during the fourth quarter. Fiduciary Group LLC now owns 3,109 shares of the company’s stock worth $332,000 after purchasing an additional 103 shares during the period. Finally, RBA Wealth Management LLC raised its stake in SPDR Portfolio S&P 500 Growth ETF by 2.6% during the fourth quarter. RBA Wealth Management LLC now owns 4,110 shares of the company’s stock worth $439,000 after purchasing an additional 105 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of SPYG opened at $119.54 on Friday. The firm has a market cap of $52.68 billion, a PE ratio of 32.28 and a beta of 1.17. The company’s fifty day moving average is $115.64 and its two-hundred day moving average is $108.48. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $90.21 and a fifty-two week high of $122.92.

About SPDR Portfolio S&P 500 Growth ETF

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.