Confluence Investment Management LLC Has $16.47 Million Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Confluence Investment Management LLC lifted its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 38.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 198,608 shares of the company’s stock after acquiring an additional 55,036 shares during the period. Confluence Investment Management LLC owned approximately 0.06% of SPDR Portfolio S&P 500 Growth ETF worth $16,473,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Envestnet Asset Management Inc. lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 125.1% in the second quarter. Envestnet Asset Management Inc. now owns 12,065,732 shares of the company’s stock valued at $966,827,000 after buying an additional 6,706,045 shares during the period. Dynasty Wealth Management LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 1st quarter worth about $262,606,000. LPL Financial LLC increased its position in SPDR Portfolio S&P 500 Growth ETF by 7.2% in the 2nd quarter. LPL Financial LLC now owns 30,048,719 shares of the company’s stock valued at $2,407,804,000 after buying an additional 2,013,457 shares in the last quarter. Cetera Investment Advisers raised its stake in SPDR Portfolio S&P 500 Growth ETF by 282.8% during the 1st quarter. Cetera Investment Advisers now owns 2,192,642 shares of the company’s stock worth $160,392,000 after buying an additional 1,619,888 shares during the period. Finally, Savant Capital LLC grew its stake in SPDR Portfolio S&P 500 Growth ETF by 117.6% in the second quarter. Savant Capital LLC now owns 2,512,342 shares of the company’s stock valued at $201,314,000 after acquiring an additional 1,357,615 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Stock Up 1.5 %

Shares of NYSEARCA:SPYG opened at $87.35 on Friday. SPDR Portfolio S&P 500 Growth ETF has a twelve month low of $60.18 and a twelve month high of $87.43. The stock’s 50 day moving average is $82.36 and its 200-day moving average is $79.22. The firm has a market capitalization of $29.98 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14.

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).