GKV Capital Management Co. Inc. Takes Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

GKV Capital Management Co. Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 54,164 shares of the company’s stock, valued at approximately $4,353,000. SPDR Portfolio S&P 500 Growth ETF makes up 3.6% of GKV Capital Management Co. Inc.’s investment portfolio, making the stock its 8th largest holding.

A number of other institutional investors have also recently made changes to their positions in the company. Ameriprise Financial Inc. raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 4.2% during the fourth quarter. Ameriprise Financial Inc. now owns 8,149,242 shares of the company’s stock valued at $716,533,000 after acquiring an additional 330,025 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 3.5% during the first quarter. JPMorgan Chase & Co. now owns 5,444,280 shares of the company’s stock valued at $437,557,000 after acquiring an additional 183,095 shares in the last quarter. HB Wealth Management LLC raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 3.3% during the first quarter. HB Wealth Management LLC now owns 4,788,489 shares of the company’s stock valued at $371,691,000 after acquiring an additional 153,895 shares in the last quarter. Valmark Advisers Inc. raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 2.4% during the first quarter. Valmark Advisers Inc. now owns 4,744,344 shares of the company’s stock valued at $381,303,000 after acquiring an additional 109,101 shares in the last quarter. Finally, Connecticut Wealth Management LLC raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 194.9% during the fourth quarter. Connecticut Wealth Management LLC now owns 4,210,466 shares of the company’s stock valued at $370,100,000 after acquiring an additional 2,782,724 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Up 1.1%

Shares of SPYG stock opened at $100.29 on Wednesday. The firm has a market cap of $40.12 billion, a price-to-earnings ratio of 32.28 and a beta of 1.05. The company’s 50 day moving average is $95.35 and its 200 day moving average is $88.39. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $68.65 and a 52-week high of $100.31.

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).