Franklin Resources Inc. Boosts Holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Franklin Resources Inc. grew its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 132.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,196 shares of the company’s stock after acquiring an additional 7,516 shares during the quarter. Franklin Resources Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $1,118,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in SPYG. Brown Brothers Harriman & Co. bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth approximately $36,000. Costello Asset Management INC increased its stake in SPDR Portfolio S&P 500 Growth ETF by 58.0% in the third quarter. Costello Asset Management INC now owns 545 shares of the company’s stock worth $45,000 after purchasing an additional 200 shares during the period. Urban Financial Advisory Corp bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the third quarter worth $45,000. Hollencrest Capital Management purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the second quarter valued at $49,000. Finally, Family Asset Management LLC grew its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 66.8% in the second quarter. Family Asset Management LLC now owns 619 shares of the company’s stock worth $50,000 after purchasing an additional 248 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Price Performance

SPYG stock opened at $89.65 on Friday. The company has a market capitalization of $30.77 billion, a PE ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $62.97 and a 12 month high of $91.49. The firm’s 50-day moving average is $87.30 and its 200 day moving average is $82.88.

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).