Independent Wealth Network Inc. Acquires 336 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Independent Wealth Network Inc. lifted its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 0.3% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 117,546 shares of the company’s stock after acquiring an additional 336 shares during the period. SPDR Portfolio S&P 500 Growth ETF makes up approximately 4.2% of Independent Wealth Network Inc.’s investment portfolio, making the stock its largest position. Independent Wealth Network Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $10,332,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Brown Brothers Harriman & Co. acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter valued at approximately $36,000. Costello Asset Management INC boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 58.0% in the 3rd quarter. Costello Asset Management INC now owns 545 shares of the company’s stock valued at $45,000 after purchasing an additional 200 shares in the last quarter. Urban Financial Advisory Corp acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth approximately $45,000. West Branch Capital LLC boosted its position in SPDR Portfolio S&P 500 Growth ETF by 916.1% during the 4th quarter. West Branch Capital LLC now owns 569 shares of the company’s stock worth $50,000 after buying an additional 513 shares during the period. Finally, Creekmur Asset Management LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth approximately $52,000.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

SPDR Portfolio S&P 500 Growth ETF stock opened at $91.92 on Thursday. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $66.89 and a 52-week high of $92.19. The firm has a 50 day moving average price of $88.59 and a two-hundred day moving average price of $83.86. The firm has a market cap of $31.55 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14.

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).