Burke & Herbert Bank & Trust Co. Increases Stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Burke & Herbert Bank & Trust Co. lifted its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 5.4% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 41,501 shares of the company’s stock after acquiring an additional 2,132 shares during the period. Burke & Herbert Bank & Trust Co.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $3,442,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. LPL Financial LLC grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 7.2% in the second quarter. LPL Financial LLC now owns 30,048,719 shares of the company’s stock valued at $2,407,804,000 after purchasing an additional 2,013,457 shares during the period. Envestnet Asset Management Inc. increased its holdings in SPDR Portfolio S&P 500 Growth ETF by 125.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 12,065,732 shares of the company’s stock worth $966,827,000 after acquiring an additional 6,706,045 shares in the last quarter. HB Wealth Management LLC raised its position in SPDR Portfolio S&P 500 Growth ETF by 6.2% during the second quarter. HB Wealth Management LLC now owns 4,407,041 shares of the company’s stock worth $342,273,000 after acquiring an additional 257,647 shares during the period. Dynasty Wealth Management LLC purchased a new position in SPDR Portfolio S&P 500 Growth ETF during the first quarter valued at $262,606,000. Finally, Quotient Wealth Partners LLC lifted its holdings in SPDR Portfolio S&P 500 Growth ETF by 3.0% during the third quarter. Quotient Wealth Partners LLC now owns 3,441,453 shares of the company’s stock valued at $285,434,000 after purchasing an additional 100,502 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of SPYG stock traded up $0.90 on Friday, reaching $84.95. 135,961 shares of the company were exchanged, compared to its average volume of 2,228,997. SPDR Portfolio S&P 500 Growth ETF has a 1 year low of $56.78 and a 1 year high of $85.10. The business has a 50-day moving average price of $81.62 and a 200 day moving average price of $78.33. The company has a market cap of $29.16 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).