Rede Wealth LLC Grows Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Rede Wealth LLC raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 8.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 24,108 shares of the company’s stock after acquiring an additional 1,903 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises approximately 0.8% of Rede Wealth LLC’s holdings, making the stock its 13th biggest position. Rede Wealth LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $2,119,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in SPYG. LPL Financial LLC lifted its holdings in SPDR Portfolio S&P 500 Growth ETF by 4.5% during the third 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 last quarter. Kestra Investment Management LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 70.3% in the third quarter. Kestra Investment Management LLC now owns 2,251,726 shares of the company’s stock worth $186,758,000 after buying an additional 929,872 shares in the last quarter. Kingsview Wealth Management LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 190.1% in the fourth quarter. Kingsview Wealth Management LLC now owns 1,283,008 shares of the company’s stock worth $112,776,000 after buying an additional 840,689 shares in the last quarter. Flagship Harbor Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the third quarter worth about $56,722,000. Finally, Mount Yale Investment Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the fourth quarter worth about $52,896,000.

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

Shares of SPDR Portfolio S&P 500 Growth ETF stock opened at $90.69 on Friday. SPDR Portfolio S&P 500 Growth ETF has a 12-month low of $68.48 and a 12-month high of $92.76. The company has a market cap of $31.13 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14. The company’s 50-day moving average price is $89.68 and its 200-day moving average price is $84.61.

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).