Cambridge Investment Research Advisors Inc. Buys 114,780 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Cambridge Investment Research Advisors Inc. grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 22.8% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 617,665 shares of the company’s stock after acquiring an additional 114,780 shares during the period. Cambridge Investment Research Advisors Inc. owned about 0.21% of SPDR Portfolio S&P 500 Growth ETF worth $40,185,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of SPYG. LPL Financial LLC boosted its holdings in SPDR Portfolio S&P 500 Growth ETF by 6.1% in the 3rd quarter. LPL Financial LLC now owns 23,149,326 shares of the company’s stock valued at $1,372,292,000 after purchasing an additional 1,322,547 shares during the period. Financial Engines Advisors L.L.C. boosted its holdings in SPDR Portfolio S&P 500 Growth ETF by 0.8% in the 3rd quarter. Financial Engines Advisors L.L.C. now owns 22,180,268 shares of the company’s stock valued at $1,314,846,000 after purchasing an additional 182,515 shares during the period. Allworth Financial LP boosted its holdings in SPDR Portfolio S&P 500 Growth ETF by 2.9% in the 4th quarter. Allworth Financial LP now owns 12,447,369 shares of the company’s stock valued at $809,826,000 after purchasing an additional 350,344 shares during the period. Envestnet Asset Management Inc. raised its position in shares of SPDR Portfolio S&P 500 Growth ETF by 136.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 10,264,883 shares of the company’s stock valued at $608,502,000 after buying an additional 5,918,534 shares in the last quarter. Finally, Morgan Stanley raised its position in shares of SPDR Portfolio S&P 500 Growth ETF by 12.1% during the 3rd quarter. Morgan Stanley now owns 5,745,319 shares of the company’s stock valued at $340,583,000 after buying an additional 619,609 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Trading Up 1.0 %

Shares of SPDR Portfolio S&P 500 Growth ETF stock traded up $0.74 on Friday, hitting $75.87. 531,095 shares of the company traded hands, compared to its average volume of 2,111,051. The firm’s 50-day simple moving average is $72.63 and its 200 day simple moving average is $68.58. The company has a market cap of $26.04 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 $56.76 and a 12-month high of $76.21.

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).