Hickory Asset Management Inc. Purchases New Shares in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Hickory Asset Management Inc. acquired a new position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) in the fourth quarter, HoldingsChannel reports. The firm acquired 35,921 shares of the company’s stock, valued at approximately $3,157,000. SPDR Portfolio S&P 500 Growth ETF comprises about 2.7% of Hickory Asset Management Inc.’s holdings, making the stock its 10th largest position.

A number of other hedge funds have also recently made changes to their positions in SPYG. B.O.S.S. Retirement Advisors LLC raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 34.0% during the 3rd quarter. B.O.S.S. Retirement Advisors LLC now owns 4,485 shares of the company’s stock valued at $372,000 after buying an additional 1,137 shares during the last quarter. Teamwork Financial Advisors LLC increased its position in SPDR Portfolio S&P 500 Growth ETF by 59.3% during the 3rd quarter. Teamwork Financial Advisors LLC now owns 7,320 shares of the company’s stock valued at $607,000 after purchasing an additional 2,726 shares during the period. Drake & Associates LLC increased its position in SPDR Portfolio S&P 500 Growth ETF by 1.1% during the 3rd quarter. Drake & Associates LLC now owns 263,161 shares of the company’s stock valued at $21,827,000 after purchasing an additional 2,778 shares during the period. RFG Advisory LLC grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 2.8% in the 3rd quarter. RFG Advisory LLC now owns 2,727,967 shares of the company’s stock worth $226,258,000 after buying an additional 73,801 shares during the period. Finally, BCS Wealth Management grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 7.4% in the 3rd quarter. BCS Wealth Management now owns 94,793 shares of the company’s stock worth $7,862,000 after buying an additional 6,549 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Price Performance

NYSEARCA:SPYG opened at $92.33 on Friday. The firm’s 50-day moving average price is $89.89 and its 200-day moving average price is $84.97. The company has a market capitalization of $31.69 billion, a PE ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $68.48 and a 1-year 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).