Palatine Hill Wealth Management LLC Acquires New Holdings in SPDR Portfolio S&P 500 Growth ETF $SPYG

Palatine Hill Wealth Management LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 19,493 shares of the company’s stock, valued at approximately $2,080,000. SPDR Portfolio S&P 500 Growth ETF comprises about 1.7% of Palatine Hill Wealth Management LLC’s investment portfolio, making the stock its 14th biggest holding.

Other hedge funds have also recently bought and sold shares of the company. Allworth Financial LP raised its position in shares of SPDR Portfolio S&P 500 Growth ETF by 8.7% during the 4th quarter. Allworth Financial LP now owns 12,384,946 shares of the company’s stock worth $1,321,474,000 after buying an additional 990,106 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of SPDR Portfolio S&P 500 Growth ETF by 7.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 10,982,338 shares of the company’s stock worth $1,147,764,000 after buying an additional 754,395 shares in the last quarter. Valpey Financial Services LLC raised its position in shares of SPDR Portfolio S&P 500 Growth ETF by 8,907.1% during the 4th quarter. Valpey Financial Services LLC now owns 689,133 shares of the company’s stock worth $73,530,000 after buying an additional 681,482 shares in the last quarter. Benjamin Edwards Inc. raised its position in shares of SPDR Portfolio S&P 500 Growth ETF by 81.4% during the 4th quarter. Benjamin Edwards Inc. now owns 1,342,569 shares of the company’s stock worth $143,254,000 after buying an additional 602,485 shares in the last quarter. Finally, CIBC Bancorp USA Inc. bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth about $62,891,000.

SPDR Portfolio S&P 500 Growth ETF Trading Down 0.2%

SPYG stock opened at $122.41 on Wednesday. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $90.09 and a 52 week high of $122.92. The company has a market capitalization of $53.94 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17. The firm’s 50-day moving average is $110.12 and its two-hundred day moving average is $107.17.

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.