SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) is Kingsview Wealth Management LLC’s 5th Largest Position

Kingsview Wealth Management LLC raised its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 190.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,283,008 shares of the company’s stock after purchasing an additional 840,689 shares during the period. SPDR Portfolio S&P 500 Growth ETF makes up approximately 2.2% of Kingsview Wealth Management LLC’s holdings, making the stock its 5th largest holding. Kingsview Wealth Management LLC owned approximately 0.37% of SPDR Portfolio S&P 500 Growth ETF worth $112,776,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in SPYG. Brown Brothers Harriman & Co. purchased a new stake in SPDR Portfolio S&P 500 Growth ETF during the third quarter valued at about $36,000. Valued Wealth Advisors LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF during the 4th quarter valued at about $41,000. Costello Asset Management INC grew its position in SPDR Portfolio S&P 500 Growth ETF by 58.0% during the 3rd quarter. Costello Asset Management INC now owns 545 shares of the company’s stock worth $45,000 after acquiring an additional 200 shares during the last quarter. Urban Financial Advisory Corp purchased a new position in SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter worth approximately $45,000. Finally, West Branch Capital LLC lifted its position in SPDR Portfolio S&P 500 Growth ETF by 916.1% in the fourth quarter. West Branch Capital LLC now owns 569 shares of the company’s stock valued at $50,000 after purchasing an additional 513 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

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 52-week low of $68.48 and a 52-week high of $92.76. The company’s 50 day moving average price is $89.62 and its 200-day moving average price is $84.54. The stock has a market capitalization of $31.13 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14.

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).