IMA Advisory Services Inc. Has $3.38 Million Holdings in SPDR Portfolio S&P 500 Growth ETF $SPYG

IMA Advisory Services Inc. raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 142.7% during the 1st quarter, HoldingsChannel reports. The fund owned 34,547 shares of the company’s stock after purchasing an additional 20,310 shares during the period. IMA Advisory Services Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $3,383,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the business. Morgan Stanley lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 95.9% in the fourth quarter. Morgan Stanley now owns 16,219,528 shares of the company’s stock worth $1,730,624,000 after purchasing an additional 7,939,766 shares in the last quarter. Allworth Financial LP increased its stake in SPDR Portfolio S&P 500 Growth ETF by 8.7% in the 4th quarter. Allworth Financial LP now owns 12,384,946 shares of the company’s stock valued at $1,321,474,000 after buying an additional 990,106 shares during the period. JPMorgan Chase & Co. increased its stake in SPDR Portfolio S&P 500 Growth ETF by 4.7% in the 4th quarter. JPMorgan Chase & Co. now owns 5,768,335 shares of the company’s stock valued at $615,481,000 after buying an additional 258,138 shares during the period. Horizon Investments LLC increased its stake in SPDR Portfolio S&P 500 Growth ETF by 1.0% in the 4th quarter. Horizon Investments LLC now owns 5,389,258 shares of the company’s stock valued at $575,034,000 after buying an additional 52,598 shares during the period. Finally, Valmark Advisers Inc. lifted its position in SPDR Portfolio S&P 500 Growth ETF by 4.8% in the 1st quarter. Valmark Advisers Inc. now owns 4,884,338 shares of the company’s stock worth $478,226,000 after buying an additional 223,140 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Down 1.5%

Shares of NYSEARCA:SPYG opened at $116.25 on Friday. The firm has a fifty day moving average of $118.34 and a two-hundred day moving average of $109.99. The firm has a market capitalization of $51.32 billion, a P/E ratio of 32.28 and a beta of 1.17. SPDR Portfolio S&P 500 Growth ETF has a 12-month low of $93.61 and a 12-month high of $122.92.

SPDR Portfolio S&P 500 Growth ETF Company 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). The S&P 500 Growth Index measures the performance of the growth sector in the United States equity market. The selection universe for the S&P 500 Index includes all the United States common equities.