Meritage Portfolio Management Has $10.32 Million Stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Meritage Portfolio Management increased its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 15.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 117,389 shares of the company’s stock after purchasing an additional 16,071 shares during the period. Meritage Portfolio Management’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $10,318,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the company. LPL Financial LLC grew its position 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 worth $2,604,578,000 after buying an additional 1,354,443 shares in the last quarter. Allworth Financial LP lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 1.9% during the 3rd quarter. Allworth Financial LP now owns 13,177,373 shares of the company’s stock valued at $1,092,931,000 after acquiring an additional 249,829 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 2.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,161,827 shares of the company’s stock worth $428,122,000 after purchasing an additional 122,184 shares in the last quarter. Valmark Advisers Inc. increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 2.4% in the third quarter. Valmark Advisers Inc. now owns 4,638,687 shares of the company’s stock worth $384,733,000 after purchasing an additional 107,423 shares during the period. Finally, HB Wealth Management LLC raised its stake in SPDR Portfolio S&P 500 Growth ETF by 1.3% in the fourth quarter. HB Wealth Management LLC now owns 4,634,594 shares of the company’s stock valued at $393,827,000 after purchasing an additional 58,372 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Up 1.1 %

SPYG stock opened at $90.43 on Wednesday. The company’s 50-day moving average price is $89.37 and its two-hundred day moving average price is $84.38. The firm has a market cap of $31.04 billion, a P/E ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $68.48 and a 12 month high of $92.76.

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).