Founders Financial Securities LLC purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG – Free Report) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 869,141 shares of the company’s stock, valued at approximately $106,974,000. SPDR Portfolio S&P 500 Growth ETF makes up 5.3% of Founders Financial Securities LLC’s holdings, making the stock its largest holding. Founders Financial Securities LLC owned approximately 0.19% of SPDR Portfolio S&P 500 Growth ETF as of its most recent filing with the SEC.
Several other large investors also recently made changes to their positions in SPYG. Crown Wealth Group LLC increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 2.4% during the third quarter. Crown Wealth Group LLC now owns 3,675 shares of the company’s stock valued at $452,000 after acquiring an additional 86 shares in the last quarter. Snider Financial Group boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 2.8% during the third quarter. Snider Financial Group now owns 3,382 shares of the company’s stock valued at $416,000 after buying an additional 93 shares during the last quarter. Atticus Wealth Management LLC grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 0.3% during the third quarter. Atticus Wealth Management LLC now owns 31,966 shares of the company’s stock worth $3,934,000 after buying an additional 100 shares in the last quarter. Ballast Financial Advisors LLC grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 5.7% during the third quarter. Ballast Financial Advisors LLC now owns 1,881 shares of the company’s stock worth $232,000 after buying an additional 101 shares in the last quarter. Finally, Gilpin Wealth Management LLC grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 3.1% during the third quarter. Gilpin Wealth Management LLC now owns 3,460 shares of the company’s stock worth $426,000 after buying an additional 105 shares in the last quarter.
SPDR Portfolio S&P 500 Growth ETF Trading Down 1.5%
Shares of NYSEARCA:SPYG opened at $119.56 on Friday. The stock’s fifty day simple moving average is $121.85 and its two-hundred day simple moving average is $114.13. The stock has a market cap of $55.33 billion, a PE ratio of 32.28 and a beta of 1.17. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $93.61 and a 1-year high of $127.13.
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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