Sovran Advisors LLC Invests $977,000 in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Sovran Advisors LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 11,222 shares of the company’s stock, valued at approximately $977,000.

Other large investors also recently made changes to their positions in the company. LPL Financial LLC boosted 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 valued at $2,604,578,000 after purchasing an additional 1,354,443 shares during the period. Allworth Financial LP raised its position in shares of SPDR Portfolio S&P 500 Growth ETF by 1.9% in the third quarter. Allworth Financial LP now owns 13,177,373 shares of the company’s stock valued at $1,092,931,000 after buying an additional 249,829 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of SPDR Portfolio S&P 500 Growth ETF by 2.4% in the third quarter. JPMorgan Chase & Co. now owns 5,161,827 shares of the company’s stock valued at $428,122,000 after buying an additional 122,184 shares in the last quarter. Valmark Advisers Inc. boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 2.4% in the third quarter. Valmark Advisers Inc. now owns 4,638,687 shares of the company’s stock valued at $384,733,000 after buying an additional 107,423 shares during the period. Finally, HB Wealth Management LLC grew its position in SPDR Portfolio S&P 500 Growth ETF by 1.3% during the fourth quarter. HB Wealth Management LLC now owns 4,634,594 shares of the company’s stock worth $393,827,000 after buying an additional 58,372 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Price Performance

SPDR Portfolio S&P 500 Growth ETF stock opened at $91.17 on Wednesday. The stock’s fifty day moving average price is $89.75 and its two-hundred day moving average price is $84.78. The firm has a market cap of $31.29 billion, a PE ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a one year low of $68.48 and a one year high of $92.76.

SPDR Portfolio S&P 500 Growth ETF 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).