SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) is Collaborative Wealth Managment Inc.’s 3rd Largest Position

Collaborative Wealth Managment Inc. grew its holdings in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 0.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 101,871 shares of the company’s stock after purchasing an additional 813 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF makes up approximately 4.1% of Collaborative Wealth Managment Inc.’s holdings, making the stock its 3rd biggest position. Collaborative Wealth Managment Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $8,954,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Franklin Resources Inc. increased its holdings 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 acquiring 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 approximately $200,000. Rede Wealth LLC increased its holdings 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 acquiring an additional 1,903 shares in the last quarter. AdvisorNet Financial Inc increased its holdings 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 acquiring 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 approximately $3,268,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

SPYG stock opened at $82.11 on Friday. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $68.48 and a 1-year high of $92.76. The company has a market capitalization of $31.18 billion, a price-to-earnings ratio of 29.52 and a beta of 1.08. The business has a 50 day simple moving average of $88.56 and a two-hundred day simple moving average of $86.23.

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).