Prudential Financial Inc. grew its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG – Free Report) by 51.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,336,348 shares of the company’s stock after purchasing an additional 453,030 shares during the period. Prudential Financial Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $117,465,000 as of its most recent SEC filing.
Other hedge funds have also recently modified their holdings of the company. Nwam LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at approximately $274,000. Brown Brothers Harriman & Co. acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter valued at $36,000. Truvestments Capital LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter valued at $71,000. Hancock Whitney Corp acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth $207,000. Finally, D.A. Davidson & CO. purchased a new position in SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth $218,000.
SPDR Portfolio S&P 500 Growth ETF Stock Performance
Shares of NYSEARCA:SPYG opened at $84.13 on Tuesday. SPDR Portfolio S&P 500 Growth ETF has a one year low of $68.48 and a one year high of $92.76. The stock has a market capitalization of $31.95 billion, a price-to-earnings ratio of 29.52 and a beta of 1.08. The company has a 50-day simple moving average of $87.81 and a 200-day simple moving average of $86.40.
SPDR Portfolio S&P 500 Growth ETF Cuts Dividend
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).
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Want to see what other hedge funds are holding SPYG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG – Free Report).
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