Verdence Capital Advisors LLC Purchases 4,384 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Verdence Capital Advisors LLC grew its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 19.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,993 shares of the company’s stock after acquiring an additional 4,384 shares during the period. Verdence Capital Advisors LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $2,239,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. JDM Financial Group LLC lifted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 15.5% during the 1st quarter. JDM Financial Group LLC now owns 79,082 shares of the company’s stock worth $5,785,000 after buying an additional 10,635 shares during the last quarter. WCG Wealth Advisors LLC lifted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 1.4% during the 2nd quarter. WCG Wealth Advisors LLC now owns 29,019 shares of the company’s stock worth $2,325,000 after buying an additional 406 shares during the last quarter. US Bancorp DE lifted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 48.9% during the 1st quarter. US Bancorp DE now owns 42,940 shares of the company’s stock worth $3,141,000 after buying an additional 14,107 shares during the last quarter. Gradient Investments LLC lifted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 8,434.1% during the 2nd quarter. Gradient Investments LLC now owns 17,751 shares of the company’s stock worth $1,422,000 after buying an additional 17,543 shares during the last quarter. Finally, Raymond James & Associates lifted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 4.7% during the 2nd quarter. Raymond James & Associates now owns 706,555 shares of the company’s stock worth $56,616,000 after buying an additional 31,847 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

NYSEARCA SPYG opened at $87.59 on Friday. The firm has a 50-day moving average of $82.50 and a 200-day moving average of $79.34. The stock has a market cap of $30.07 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 $60.18 and a 52-week high of $87.78.

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).