LPL Financial LLC Has $2.60 Billion Holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

LPL Financial LLC grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 4.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 31,403,162 shares of the company’s stock after buying an additional 1,354,443 shares during the period. SPDR Portfolio S&P 500 Growth ETF accounts for approximately 1.2% of LPL Financial LLC’s portfolio, making the stock its 10th largest holding. LPL Financial LLC owned approximately 9.15% of SPDR Portfolio S&P 500 Growth ETF worth $2,604,578,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. STAR Financial Bank purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the third quarter worth $274,000. Citizens Financial Group Inc. RI raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 21.3% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 259,364 shares of the company’s stock valued at $21,512,000 after acquiring an additional 45,484 shares in the last quarter. Altman Advisors Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter valued at about $609,000. First Horizon Advisors Inc. boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 1.2% during the 3rd quarter. First Horizon Advisors Inc. now owns 12,961 shares of the company’s stock valued at $1,075,000 after acquiring an additional 149 shares during the last quarter. Finally, MWA Asset Management purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the third quarter worth about $221,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of SPYG opened at $86.24 on Thursday. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $62.33 and a 1-year high of $87.94. The company has a market capitalization of $29.60 billion, a P/E ratio of 27.22 and a beta of 1.14. The firm’s 50 day simple moving average is $83.82 and its 200 day simple moving average is $80.28.

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).