World Investment Advisors Grows Stake in SPDR Portfolio S&P 500 Growth ETF $SPYG

World Investment Advisors increased its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 62.6% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 84,798 shares of the company’s stock after acquiring an additional 32,632 shares during the quarter. World Investment Advisors’ holdings in SPDR Portfolio S&P 500 Growth ETF were worth $9,048,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Optiver Holding B.V. purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter valued at about $25,000. United Financial Planning Group LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the third quarter worth approximately $25,000. Financial Life Planners purchased a new stake in SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at approximately $26,000. CGC Financial Services LLC bought a new stake in SPDR Portfolio S&P 500 Growth ETF during the third quarter valued at approximately $30,000. Finally, Pittenger & Anderson Inc. purchased a new position in SPDR Portfolio S&P 500 Growth ETF in the 4th quarter worth approximately $31,000.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

SPDR Portfolio S&P 500 Growth ETF stock opened at $116.28 on Thursday. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $82.53 and a fifty-two week high of $116.40. The stock has a market cap of $51.24 billion, a P/E ratio of 32.28 and a beta of 1.17. The firm’s fifty day moving average price is $104.49 and its 200-day moving average price is $105.64.

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.