Hsbc Holdings PLC Purchases 69,377 Shares of SPDR Portfolio S&P 500 Growth ETF $SPYG

Hsbc Holdings PLC increased its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 18.3% in the 1st quarter, HoldingsChannel reports. The fund owned 448,042 shares of the company’s stock after purchasing an additional 69,377 shares during the period. Hsbc Holdings PLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $43,868,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SPYG. Brighton Jones LLC raised its position in shares of 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 purchasing an additional 204 shares during the period. AQR Capital Management LLC grew its stake in 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 valued at $4,824,000 after buying an additional 28,598 shares in the last quarter. Russell Investments Group Ltd. raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 138.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 545 shares of the company’s stock valued at $52,000 after acquiring an additional 316 shares during the period. First Trust Advisors LP bought a new stake in SPDR Portfolio S&P 500 Growth ETF during the 2nd quarter valued at $732,000. Finally, Gamco Investors INC. ET AL bought a new stake in SPDR Portfolio S&P 500 Growth ETF during the 2nd quarter valued at $357,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

NYSEARCA:SPYG opened at $116.58 on Tuesday. SPDR Portfolio S&P 500 Growth ETF has a 1 year low of $93.61 and a 1 year high of $122.92. The stock’s fifty day moving average price is $118.31 and its two-hundred day moving average price is $110.07. The company has a market cap of $51.43 billion, a P/E ratio of 32.28 and a beta of 1.17.

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.