SPDR Portfolio S&P 500 Growth ETF $SPYG Stock Position Increased by Sargent Investment Group LLC

Sargent Investment Group LLC boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 44.3% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 297,599 shares of the company’s stock after buying an additional 91,409 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF makes up approximately 4.0% of Sargent Investment Group LLC’s investment portfolio, making the stock its 4th biggest holding. Sargent Investment Group LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $31,754,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Morgan Stanley increased its stake in SPDR Portfolio S&P 500 Growth ETF by 95.9% in the fourth quarter. Morgan Stanley now owns 16,219,528 shares of the company’s stock worth $1,730,624,000 after purchasing an additional 7,939,766 shares during the period. Allworth Financial LP increased its stake in SPDR Portfolio S&P 500 Growth ETF by 8.7% in the fourth quarter. Allworth Financial LP now owns 12,384,946 shares of the company’s stock worth $1,321,474,000 after purchasing an additional 990,106 shares during the period. Ameriprise Financial Inc. increased its stake in SPDR Portfolio S&P 500 Growth ETF by 0.6% in the third 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 during the period. JPMorgan Chase & Co. increased its stake in SPDR Portfolio S&P 500 Growth ETF by 4.7% in the fourth quarter. JPMorgan Chase & Co. now owns 5,768,335 shares of the company’s stock worth $615,481,000 after purchasing an additional 258,138 shares during the period. Finally, Horizon Investments LLC increased its stake in SPDR Portfolio S&P 500 Growth ETF by 1.0% in the fourth quarter. Horizon Investments LLC now owns 5,389,258 shares of the company’s stock worth $575,034,000 after purchasing an additional 52,598 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Price Performance

SPYG stock opened at $116.90 on Monday. The business’s fifty day simple moving average is $113.76 and its two-hundred day simple moving average is $108.05. SPDR Portfolio S&P 500 Growth ETF has a twelve month low of $90.21 and a twelve month high of $122.92. The firm has a market cap of $51.51 billion, a price-to-earnings 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.