Drake & Associates LLC Boosts Stock Holdings in SPDR Portfolio S&P 500 Growth ETF $SPYG

Drake & Associates LLC boosted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 8.9% during the fourth quarter, Holdings Channel reports. The firm owned 310,642 shares of the company’s stock after acquiring an additional 25,452 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF makes up about 6.6% of Drake & Associates LLC’s investment portfolio, making the stock its 4th biggest position. Drake & Associates LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $33,146,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Optiver Holding B.V. purchased a new stake in SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter worth approximately $25,000. United Financial Planning Group LLC bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter worth approximately $25,000. Financial Life Planners purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the third quarter valued at approximately $26,000. Hantz Financial Services Inc. increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 583.8% during the fourth quarter. Hantz Financial Services Inc. now owns 253 shares of the company’s stock valued at $27,000 after buying an additional 216 shares during the period. Finally, New Millennium Group LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the fourth quarter valued at approximately $29,000.

SPDR Portfolio S&P 500 Growth ETF Stock Up 1.7%

Shares of SPDR Portfolio S&P 500 Growth ETF stock opened at $119.54 on Friday. The business has a 50 day moving average of $115.32 and a 200 day moving average of $108.40. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $90.21 and a 52 week high of $122.92. The company has a market cap of $52.68 billion, a PE ratio of 32.28 and a beta of 1.17.

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.