Founders Financial Securities LLC Has $103.49 Million Holdings in SPDR Portfolio S&P 500 Growth ETF $SPYG

Founders Financial Securities LLC boosted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 11.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 969,914 shares of the company’s stock after purchasing an additional 97,973 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises approximately 6.1% of Founders Financial Securities LLC’s holdings, making the stock its largest position. Founders Financial Securities LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $103,490,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in SPYG. Brighton Jones LLC lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 6.9% in the 4th quarter. Brighton Jones LLC now owns 3,152 shares of the company’s stock worth $277,000 after acquiring an additional 204 shares during the period. AQR Capital Management LLC lifted its position in shares of 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 worth $4,824,000 after acquiring an additional 28,598 shares during the period. Russell Investments Group Ltd. lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 138.0% in the 2nd quarter. Russell Investments Group Ltd. now owns 545 shares of the company’s stock worth $52,000 after acquiring an additional 316 shares during the period. First Trust Advisors LP bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 2nd quarter worth approximately $732,000. Finally, Gamco Investors INC. ET AL bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 2nd quarter worth approximately $357,000.

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

Shares of SPYG opened at $121.50 on Friday. SPDR Portfolio S&P 500 Growth ETF has a 1 year low of $88.59 and a 1 year high of $121.93. The stock has a 50 day simple moving average of $109.68 and a 200-day simple moving average of $107.07. The stock has a market cap of $53.54 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.