Envestnet Portfolio Solutions Inc. Acquires 298,505 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Envestnet Portfolio Solutions Inc. boosted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 36.6% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,113,302 shares of the company’s stock after acquiring an additional 298,505 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $97,859,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in SPYG. LPL Financial LLC raised its position in shares of 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 acquiring an additional 1,354,443 shares during the period. JPMorgan Chase & Co. increased its stake in SPDR Portfolio S&P 500 Growth ETF by 2.4% in the third 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 in the last quarter. HB Wealth Management LLC raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 1.3% in the fourth quarter. HB Wealth Management LLC now owns 4,634,594 shares of the company’s stock worth $393,827,000 after purchasing an additional 58,372 shares during the period. Raymond James Financial Inc. bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the fourth quarter worth $323,542,000. Finally, Bank of New York Mellon Corp boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 6.5% during the fourth quarter. Bank of New York Mellon Corp now owns 3,663,070 shares of the company’s stock worth $321,984,000 after purchasing an additional 222,550 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Up 2.6 %

SPYG opened at $82.11 on Friday. The stock has a market cap of $31.18 billion, a P/E ratio of 29.52 and a beta of 1.08. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $68.48 and a 12 month high of $92.76. The company has a fifty day simple moving average of $88.56 and a 200 day simple moving average of $86.23.

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).