LGL Partners LLC Boosts Stock Holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

LGL Partners LLC increased its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 0.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 511,735 shares of the company’s stock after acquiring an additional 1,601 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF makes up about 4.6% of LGL Partners LLC’s investment portfolio, making the stock its 9th largest position. LGL Partners LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $33,293,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 136.2% during the third quarter. Envestnet Asset Management Inc. now owns 10,264,883 shares of the company’s stock valued at $608,502,000 after buying an additional 5,918,534 shares during the last quarter. Bank of New York Mellon Corp lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 26,980.9% during the third quarter. Bank of New York Mellon Corp now owns 2,574,308 shares of the company’s stock valued at $152,605,000 after buying an additional 2,564,802 shares during the last quarter. Financial Gravity Asset Management Inc. lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 2,334.0% during the third quarter. Financial Gravity Asset Management Inc. now owns 1,844,352 shares of the company’s stock valued at $109,333,000 after buying an additional 1,768,578 shares during the last quarter. LPL Financial LLC lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 6.1% during the third quarter. LPL Financial LLC now owns 23,149,326 shares of the company’s stock valued at $1,372,292,000 after buying an additional 1,322,547 shares during the last quarter. Finally, TIAA Trust National Association purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the third quarter valued at about $73,734,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of SPYG stock traded down $0.74 during mid-day trading on Tuesday, hitting $70.93. 1,094,080 shares of the stock traded hands, compared to its average volume of 2,155,715. The stock has a market cap of $24.19 billion, a P/E ratio of 27.72 and a beta of 1.10. The stock’s fifty day moving average is $71.94 and its two-hundred day moving average is $66.89. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $54.73 and a 52-week high of $74.10.

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).