SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) Stake Boosted by Confluence Investment Management LLC

Confluence Investment Management LLC increased its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 13.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 143,572 shares of the company’s stock after purchasing an additional 17,327 shares during the quarter. Confluence Investment Management LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $11,504,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in SPYG. Northwest Investment Counselors LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF in the first quarter worth $26,000. Crewe Advisors LLC acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the first quarter valued at $28,000. Pineridge Advisors LLC acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the fourth quarter valued at $31,000. Headlands Technologies LLC acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the fourth quarter valued at $32,000. Finally, EdgeRock Capital LLC acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the fourth quarter valued at $34,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of SPYG traded down $1.60 during trading hours on Friday, reaching $75.91. 5,521,463 shares of the company’s stock traded hands, compared to its average volume of 2,441,036. The business’s fifty day simple moving average is $79.46 and its two-hundred day simple moving average is $74.27. SPDR Portfolio S&P 500 Growth ETF has a twelve month low of $56.78 and a twelve month high of $84.16. The firm has a market capitalization of $26.06 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).