Gerber Kawasaki Wealth & Investment Management Purchases 41,204 Shares of SPDR Portfolio S&P 500 Growth ETF $SPYG

Gerber Kawasaki Wealth & Investment Management increased its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 3.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,424,985 shares of the company’s stock after acquiring an additional 41,204 shares during the period. SPDR Portfolio S&P 500 Growth ETF makes up about 5.1% of Gerber Kawasaki Wealth & Investment Management’s investment portfolio, making the stock its 2nd largest position. Gerber Kawasaki Wealth & Investment Management owned approximately 0.37% of SPDR Portfolio S&P 500 Growth ETF worth $114,526,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Oarsman Capital Inc. grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 3.8% during the first quarter. Oarsman Capital Inc. now owns 441,487 shares of the company’s stock worth $35,482,000 after acquiring an additional 16,241 shares during the period. CreativeOne Wealth LLC increased its stake in SPDR Portfolio S&P 500 Growth ETF by 5.6% in the 1st quarter. CreativeOne Wealth LLC now owns 32,295 shares of the company’s stock worth $2,596,000 after purchasing an additional 1,704 shares in the last quarter. Nicolet Bankshares Inc. increased its stake in SPDR Portfolio S&P 500 Growth ETF by 0.6% in the 1st quarter. Nicolet Bankshares Inc. now owns 375,568 shares of the company’s stock worth $30,184,000 after purchasing an additional 2,250 shares in the last quarter. Corebridge Financial Inc. increased its stake in SPDR Portfolio S&P 500 Growth ETF by 136.0% in the 1st quarter. Corebridge Financial Inc. now owns 387,700 shares of the company’s stock worth $31,159,000 after purchasing an additional 223,400 shares in the last quarter. Finally, Smartleaf Asset Management LLC increased its stake in SPDR Portfolio S&P 500 Growth ETF by 23.3% in the 1st quarter. Smartleaf Asset Management LLC now owns 56,455 shares of the company’s stock worth $4,523,000 after purchasing an additional 10,681 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Trading Up 0.2%

Shares of SPYG opened at $100.09 on Thursday. The business’s 50-day moving average price is $97.12 and its 200 day moving average price is $89.10. The stock has a market capitalization of $40.04 billion, a P/E ratio of 32.28 and a beta of 1.05. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $68.65 and a 1-year high of $100.76.

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).