71 West Capital Partners Buys New Shares in SPDR Portfolio S&P 500 Growth ETF $SPYG

71 West Capital Partners bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 428,347 shares of the company’s stock, valued at approximately $45,705,000. SPDR Portfolio S&P 500 Growth ETF comprises about 2.1% of 71 West Capital Partners’ investment portfolio, making the stock its 10th largest holding.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Morgan Stanley grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 95.9% in the 4th quarter. Morgan Stanley now owns 16,219,528 shares of the company’s stock worth $1,730,624,000 after acquiring an additional 7,939,766 shares during the last quarter. Allworth Financial LP grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 8.7% in the 4th quarter. Allworth Financial LP now owns 12,384,946 shares of the company’s stock worth $1,321,474,000 after acquiring an additional 990,106 shares during the last quarter. Valpey Financial Services LLC boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 8,907.1% during the 4th quarter. Valpey Financial Services LLC now owns 689,133 shares of the company’s stock valued at $73,530,000 after purchasing an additional 681,482 shares in the last quarter. Stifel Financial Corp boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 63.8% during the 4th quarter. Stifel Financial Corp now owns 1,729,269 shares of the company’s stock valued at $184,514,000 after purchasing an additional 673,790 shares in the last quarter. Finally, Benjamin Edwards Inc. boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 81.4% during the 4th quarter. Benjamin Edwards Inc. now owns 1,342,569 shares of the company’s stock valued at $143,254,000 after purchasing an additional 602,485 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Trading Up 2.9%

Shares of SPYG opened at $120.25 on Tuesday. The firm’s 50-day moving average price is $114.18 and its 200-day moving average price is $108.15. The firm has a market capitalization of $52.99 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $90.21 and a 1-year high of $122.92.

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.