SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) is LPL Financial LLC’s 9th Largest Position

LPL Financial LLC raised its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 7.2% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 30,048,719 shares of the company’s stock after acquiring an additional 2,013,457 shares during the period. SPDR Portfolio S&P 500 Growth ETF makes up 1.2% of LPL Financial LLC’s investment portfolio, making the stock its 9th largest position. LPL Financial LLC owned approximately 0.09% of SPDR Portfolio S&P 500 Growth ETF worth $2,407,804,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. MGO One Seven LLC boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 24.2% during the 2nd quarter. MGO One Seven LLC now owns 31,143 shares of the company’s stock worth $2,495,000 after purchasing an additional 6,062 shares during the period. AMJ Financial Wealth Management grew its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 34.4% during the second quarter. AMJ Financial Wealth Management now owns 27,782 shares of the company’s stock worth $2,226,000 after buying an additional 7,115 shares during the last quarter. Gryphon Financial Partners LLC increased its position in SPDR Portfolio S&P 500 Growth ETF by 17.9% in the 2nd quarter. Gryphon Financial Partners LLC now owns 14,285 shares of the company’s stock valued at $1,145,000 after acquiring an additional 2,167 shares during the period. Ashton Thomas Private Wealth LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF during the 2nd quarter valued at approximately $105,000. Finally, Koss Olinger Consulting LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the 2nd quarter worth approximately $568,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

SPDR Portfolio S&P 500 Growth ETF stock opened at $77.96 on Wednesday. The business has a 50 day simple moving average of $79.47 and a 200-day simple moving average of $76.11. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $56.78 and a 12 month high of $84.16. The stock has a market capitalization of $26.76 billion, a PE ratio of 27.22 and a beta of 1.14.

SPDR Portfolio S&P 500 Growth ETF Company 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).