SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) Shares Purchased by Ackerman Capital Advisors LLC

Ackerman Capital Advisors LLC lifted its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 0.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 665,457 shares of the company’s stock after buying an additional 2,013 shares during the period. SPDR Portfolio S&P 500 Growth ETF comprises approximately 15.3% of Ackerman Capital Advisors LLC’s holdings, making the stock its 2nd largest position. Ackerman Capital Advisors LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $58,494,000 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. boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 132.3% during the third quarter. Franklin Resources Inc. now owns 13,196 shares of the company’s stock worth $1,118,000 after acquiring an additional 7,516 shares in the last quarter. Fifth Third Wealth Advisors LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 4th quarter worth about $200,000. Rede Wealth LLC boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 8.6% during the 4th quarter. Rede Wealth LLC now owns 24,108 shares of the company’s stock worth $2,119,000 after purchasing an additional 1,903 shares in the last quarter. AdvisorNet Financial Inc grew 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 valued at $867,000 after buying an additional 1,019 shares during the period. Finally, Compass Capital Corp MA ADV bought a new stake in SPDR Portfolio S&P 500 Growth ETF in the 4th quarter valued at about $3,268,000.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

SPYG stock opened at $87.69 on Wednesday. The stock’s 50 day simple moving average is $89.97 and its 200 day simple moving average is $85.93. The company has a market cap of $30.10 billion, a P/E ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $68.48 and a fifty-two week 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).