Navigation Group LLC Acquires New Stake in SPDR Portfolio S&P 500 Growth ETF $SPYG

Navigation Group LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 479,805 shares of the company’s stock, valued at approximately $46,978,000. SPDR Portfolio S&P 500 Growth ETF comprises 11.0% of Navigation Group LLC’s holdings, making the stock its biggest holding.

Other hedge funds have also added to or reduced their stakes in the company. Morgan Stanley grew its stake in shares of 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 acquiring an additional 7,939,766 shares during the last quarter. Allworth Financial LP raised its position in shares of 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 purchasing an additional 990,106 shares during the last quarter. Valpey Financial Services LLC boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 8,907.1% in the 4th quarter. Valpey Financial Services LLC now owns 689,133 shares of the company’s stock worth $73,530,000 after purchasing an additional 681,482 shares in the last quarter. Stifel Financial Corp boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 63.8% in the 4th quarter. Stifel Financial Corp now owns 1,729,269 shares of the company’s stock worth $184,514,000 after purchasing an additional 673,790 shares in the last quarter. Finally, Benjamin Edwards Inc. raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 81.4% in the fourth quarter. Benjamin Edwards Inc. now owns 1,342,569 shares of the company’s stock worth $143,254,000 after buying an additional 602,485 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of SPDR Portfolio S&P 500 Growth ETF stock opened at $119.97 on Thursday. The company has a 50-day simple moving average of $118.33 and a two-hundred day simple moving average of $109.88. The stock has a market capitalization of $53.09 billion, a PE ratio of 32.28 and a beta of 1.17. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $93.61 and a 52-week high of $122.92.

SPDR Portfolio S&P 500 Growth ETF 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.