PFG Private Wealth Management LLC Has $21.60 Million Stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

PFG Private Wealth Management LLC boosted its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 158.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 245,715 shares of the company’s stock after buying an additional 150,710 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF makes up approximately 12.3% of PFG Private Wealth Management LLC’s investment portfolio, making the stock its 2nd largest position. PFG Private Wealth Management LLC owned 0.07% of SPDR Portfolio S&P 500 Growth ETF worth $21,598,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the business. LPL Financial LLC raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 4.5% in the 3rd quarter. LPL Financial LLC now owns 31,403,162 shares of the company’s stock valued at $2,604,578,000 after buying an additional 1,354,443 shares during the last quarter. JPMorgan Chase & Co. increased its position in SPDR Portfolio S&P 500 Growth ETF by 2.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,161,827 shares of the company’s stock valued at $428,122,000 after purchasing an additional 122,184 shares during the period. HB Wealth Management LLC increased its position in SPDR Portfolio S&P 500 Growth ETF by 1.3% during the 4th quarter. HB Wealth Management LLC now owns 4,634,594 shares of the company’s stock valued at $393,827,000 after purchasing an additional 58,372 shares during the period. Raymond James Financial Inc. acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the 4th quarter valued at approximately $323,542,000. Finally, Bank of New York Mellon Corp increased its position in SPDR Portfolio S&P 500 Growth ETF by 6.5% during the 4th quarter. Bank of New York Mellon Corp now owns 3,663,070 shares of the company’s stock valued at $321,984,000 after purchasing an additional 222,550 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

NYSEARCA:SPYG opened at $85.77 on Thursday. The company has a market capitalization of $33.82 billion, a PE ratio of 32.27 and a beta of 1.07. The company has a 50 day simple moving average of $89.57 and a two-hundred day simple moving average of $86.20. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $68.48 and a fifty-two week high of $92.76.

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).