Horizon Investments LLC Has $575.03 Million Stock Position in SPDR Portfolio S&P 500 Growth ETF $SPYG

Horizon Investments LLC raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 1.0% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 5,389,258 shares of the company’s stock after acquiring an additional 52,598 shares during the period. SPDR Portfolio S&P 500 Growth ETF makes up about 7.3% of Horizon Investments LLC’s holdings, making the stock its largest holding. Horizon Investments LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $575,034,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of SPYG. Allworth Financial LP boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 0.4% during the third quarter. Allworth Financial LP now owns 11,394,840 shares of the company’s stock worth $1,190,875,000 after acquiring an additional 45,989 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in SPDR Portfolio S&P 500 Growth ETF by 7.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 10,982,338 shares of the company’s stock valued at $1,147,764,000 after acquiring an additional 754,395 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 0.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 9,914,602 shares of the company’s stock worth $1,036,342,000 after purchasing an additional 61,348 shares in the last quarter. HB Wealth Management LLC lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 0.3% in the 4th quarter. HB Wealth Management LLC now owns 4,781,932 shares of the company’s stock worth $489,308,000 after purchasing an additional 12,568 shares in the last quarter. Finally, Valmark Advisers Inc. boosted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 0.3% during the 4th quarter. Valmark Advisers Inc. now owns 4,661,198 shares of the company’s stock valued at $497,350,000 after purchasing an additional 16,182 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Up 0.6%

Shares of SPDR Portfolio S&P 500 Growth ETF stock opened at $113.02 on Friday. The firm has a market cap of $49.80 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17. The business has a 50-day moving average price of $104.06 and a 200-day moving average price of $105.46. SPDR Portfolio S&P 500 Growth ETF has a twelve month low of $82.53 and a twelve month high of $113.59.

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.