Verdence Capital Advisors LLC Raises Stake in SPDR Portfolio S&P 500 Growth ETF $SPYG

Verdence Capital Advisors LLC lifted its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 73.4% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 17,119 shares of the company’s stock after purchasing an additional 7,245 shares during the quarter. Verdence Capital Advisors LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $1,847,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in SPYG. Brighton Jones LLC increased its holdings 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 buying an additional 204 shares in the last quarter. AQR Capital Management LLC grew its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 91.0% in the 1st 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. Park Avenue Securities LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 2nd quarter worth approximately $4,782,000. AdvisorNet Financial Inc increased its stake in SPDR Portfolio S&P 500 Growth ETF by 11.2% in the 2nd quarter. AdvisorNet Financial Inc now owns 11,391 shares of the company’s stock valued at $1,086,000 after purchasing an additional 1,144 shares in the last quarter. Finally, Opal Wealth Advisors LLC raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 2.4% during the second quarter. Opal Wealth Advisors LLC now owns 41,709 shares of the company’s stock worth $3,976,000 after purchasing an additional 975 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

SPDR Portfolio S&P 500 Growth ETF stock opened at $104.68 on Wednesday. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $68.65 and a fifty-two week high of $109.63. The firm has a market capitalization of $44.55 billion, a price-to-earnings ratio of 32.28 and a beta of 1.11. The stock’s fifty day moving average is $106.52 and its two-hundred day moving average is $103.44.

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.