Collaborative Wealth Managment Inc. Has $8.95 Million Stock Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Collaborative Wealth Managment Inc. boosted its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 0.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 101,871 shares of the company’s stock after purchasing an additional 813 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF makes up approximately 4.1% of Collaborative Wealth Managment Inc.’s holdings, making the stock its 3rd biggest position. Collaborative Wealth Managment Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $8,954,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 4th quarter valued at approximately $323,542,000. Dynasty Wealth Management LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 4th quarter valued at approximately $311,395,000. Independent Advisor Alliance boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 7,157.9% during the 4th quarter. Independent Advisor Alliance now owns 1,598,110 shares of the company’s stock valued at $140,474,000 after acquiring an additional 1,576,091 shares during the last quarter. LPL Financial LLC boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 4.5% during the 3rd quarter. LPL Financial LLC now owns 31,403,162 shares of the company’s stock valued at $2,604,578,000 after acquiring an additional 1,354,443 shares during the last quarter. Finally, Kestra Investment Management LLC boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 70.3% during the 3rd quarter. Kestra Investment Management LLC now owns 2,251,726 shares of the company’s stock valued at $186,758,000 after acquiring an additional 929,872 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

NYSEARCA SPYG opened at $82.11 on Friday. The company has a market capitalization of $31.18 billion, a P/E ratio of 29.52 and a beta of 1.08. SPDR Portfolio S&P 500 Growth ETF has a one year low of $68.48 and a one year high of $92.76. The stock has a 50 day moving average price of $88.56 and a 200-day moving average price of $86.23.

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).