Inspire Advisors LLC Raises Stock Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Inspire Advisors LLC boosted its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 4.6% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 20,638 shares of the company’s stock after buying an additional 911 shares during the period. Inspire Advisors LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $1,814,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Franklin Resources Inc. increased its stake in SPDR Portfolio S&P 500 Growth ETF by 132.3% in the 3rd quarter. Franklin Resources Inc. now owns 13,196 shares of the company’s stock worth $1,118,000 after buying an additional 7,516 shares in the last quarter. Fifth Third Wealth Advisors LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF in the 4th quarter worth $200,000. Rede Wealth LLC increased its stake in SPDR Portfolio S&P 500 Growth ETF by 8.6% in the 4th quarter. Rede Wealth LLC now owns 24,108 shares of the company’s stock worth $2,119,000 after buying an additional 1,903 shares in the last quarter. AdvisorNet Financial Inc increased its stake in SPDR Portfolio S&P 500 Growth ETF by 11.5% in the 4th quarter. AdvisorNet Financial Inc now owns 9,863 shares of the company’s stock worth $867,000 after buying an additional 1,019 shares in the last quarter. Finally, Compass Capital Corp MA ADV purchased a new stake in SPDR Portfolio S&P 500 Growth ETF in the 4th quarter worth $3,268,000.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of SPYG stock opened at $80.49 on Tuesday. The firm has a market capitalization of $31.74 billion, a PE ratio of 32.27 and a beta of 1.07. The stock has a fifty day simple moving average of $89.13 and a two-hundred day simple moving average of $86.27. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $68.48 and a 52-week 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).