Fifth Third Bancorp Increases Stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Fifth Third Bancorp increased its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 144.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 111,860 shares of the company’s stock after purchasing an additional 66,187 shares during the period. Fifth Third Bancorp’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $9,832,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of SPYG. LPL Financial LLC increased its holdings in 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 worth $2,604,578,000 after buying an additional 1,354,443 shares during the period. Kestra Investment Management LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 2nd quarter valued at $105,920,000. Cannon Financial Strategists Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the second quarter worth $66,890,000. Flagship Harbor Advisors LLC purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the third quarter worth $56,722,000. Finally, Orgel Wealth Management LLC lifted its position in SPDR Portfolio S&P 500 Growth ETF by 19.7% during the fourth quarter. Orgel Wealth Management LLC now owns 3,309,979 shares of the company’s stock valued at $290,947,000 after purchasing an additional 544,211 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of SPYG opened at $92.02 on Monday. The business’s 50-day moving average is $88.92 and its two-hundred day moving average is $84.05. The company has a market capitalization of $31.59 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 $66.89 and a fifty-two week high of $92.76.

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).