Drive Wealth Management LLC Increases Stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Drive Wealth Management LLC grew its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 16.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,312 shares of the company’s stock after acquiring an additional 1,777 shares during the quarter. Drive Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $1,082,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brown Brothers Harriman & Co. purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at $36,000. Costello Asset Management INC raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 58.0% in the third quarter. Costello Asset Management INC now owns 545 shares of the company’s stock valued at $45,000 after acquiring an additional 200 shares during the period. Urban Financial Advisory Corp purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at $45,000. West Branch Capital LLC increased its stake in SPDR Portfolio S&P 500 Growth ETF by 916.1% in the 4th quarter. West Branch Capital LLC now owns 569 shares of the company’s stock worth $50,000 after buying an additional 513 shares during the period. Finally, Creekmur Asset Management LLC purchased a new position in SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter worth about $52,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

SPYG stock opened at $92.02 on Monday. The company has a market capitalization of $31.59 billion, a PE ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $66.89 and a 12 month high of $92.76. The firm’s 50-day moving average is $88.92 and its 200 day moving average is $84.05.

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).