SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) Shares Acquired by Merit Financial Group LLC

Merit Financial Group LLC grew its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 43.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 596,707 shares of the company’s stock after acquiring an additional 180,833 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises approximately 1.2% of Merit Financial Group LLC’s portfolio, making the stock its 17th biggest position. Merit Financial Group LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $38,822,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the company. Headinvest LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the third quarter worth approximately $29,000. Headlands Technologies LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the fourth quarter worth approximately $32,000. Gradient Investments LLC raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 510.1% during the third quarter. Gradient Investments LLC now owns 604 shares of the company’s stock worth $36,000 after purchasing an additional 505 shares during the last quarter. Legacy Financial Group LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the third quarter worth approximately $41,000. Finally, Whittier Trust Co. purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the third quarter worth approximately $52,000.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

NYSEARCA:SPYG traded up $1.36 during trading hours on Friday, hitting $72.25. The company’s stock had a trading volume of 1,596,472 shares, compared to its average volume of 2,158,557. The business’s 50-day moving average is $71.96 and its two-hundred day moving average is $67.00. The company has a market capitalization of $24.80 billion, a PE ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $54.73 and a 52-week high of $74.10.

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).