SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) is Kingsview Wealth Management LLC’s 5th Largest Position

Kingsview Wealth Management LLC grew its holdings in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 190.1% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,283,008 shares of the company’s stock after acquiring an additional 840,689 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises 2.2% of Kingsview Wealth Management LLC’s portfolio, making the stock its 5th largest holding. Kingsview Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $112,776,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Franklin Resources Inc. raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 132.3% in the third quarter. Franklin Resources Inc. now owns 13,196 shares of the company’s stock worth $1,118,000 after purchasing an additional 7,516 shares in the last quarter. Fifth Third Wealth Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 4th quarter worth about $200,000. AdvisorNet Financial Inc increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 11.5% in the 4th quarter. AdvisorNet Financial Inc now owns 9,863 shares of the company’s stock worth $867,000 after acquiring an additional 1,019 shares in the last quarter. Tallon Kerry Patrick purchased a new position in SPDR Portfolio S&P 500 Growth ETF during the 4th quarter valued at about $268,000. Finally, Redwood Investment Management LLC grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 128.0% in the third quarter. Redwood Investment Management LLC now owns 64,176 shares of the company’s stock worth $5,395,000 after purchasing an additional 36,033 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Stock Down 0.9 %

SPDR Portfolio S&P 500 Growth ETF stock opened at $90.69 on Friday. SPDR Portfolio S&P 500 Growth ETF has a twelve month low of $68.48 and a twelve month high of $92.76. The company has a market capitalization of $31.13 billion, a P/E ratio of 27.22 and a beta of 1.14. The stock’s 50 day moving average is $89.62 and its 200 day moving average is $84.54.

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).