Inman Jager Wealth Management LLC increased its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG – Free Report) by 18.7% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 42,737 shares of the company’s stock after purchasing an additional 6,732 shares during the period. SPDR Portfolio S&P 500 Growth ETF makes up approximately 2.8% of Inman Jager Wealth Management LLC’s portfolio, making the stock its 5th largest position. Inman Jager Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $4,074,000 at the end of the most recent quarter.
Several other large investors have also recently added to or reduced their stakes in SPYG. Truist Financial Corp raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 662.1% during the second quarter. Truist Financial Corp now owns 2,059,594 shares of the company’s stock worth $196,320,000 after purchasing an additional 1,789,329 shares in the last quarter. Exchange Traded Concepts LLC purchased a new position in SPDR Portfolio S&P 500 Growth ETF during the second quarter worth about $99,999,000. SCS Capital Management LLC raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 94.1% during the first quarter. SCS Capital Management LLC now owns 1,793,264 shares of the company’s stock worth $144,125,000 after purchasing an additional 869,311 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 7.2% during the first quarter. Ameriprise Financial Inc. now owns 8,732,829 shares of the company’s stock worth $701,653,000 after purchasing an additional 583,587 shares in the last quarter. Finally, HighTower Advisors LLC raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 33.5% during the first quarter. HighTower Advisors LLC now owns 2,207,192 shares of the company’s stock worth $177,392,000 after purchasing an additional 553,803 shares in the last quarter.
SPDR Portfolio S&P 500 Growth ETF Stock Down 3.1%
NYSEARCA SPYG opened at $102.40 on Friday. The stock has a market capitalization of $42.64 billion, a P/E ratio of 32.28 and a beta of 1.05. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $68.65 and a 52-week high of $106.22. The firm has a 50-day moving average price of $101.69 and a 200 day moving average price of $92.87.
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).
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