Truist Financial Corp Purchases 13,516 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

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Truist Financial Corp grew its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYGGet Rating) by 9.2% in the first quarter, HoldingsChannel.com reports. The firm owned 159,757 shares of the company’s stock after acquiring an additional 13,516 shares during the period. Truist Financial Corp’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $10,578,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of SPYG. HB Wealth Management LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the fourth quarter worth approximately $195,565,000. Envestnet Asset Management Inc. boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 10.7% in the fourth quarter. Envestnet Asset Management Inc. now owns 13,782,424 shares of the company’s stock worth $998,812,000 after purchasing an additional 1,335,410 shares during the period. LPL Financial LLC boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 15.6% in the fourth quarter. LPL Financial LLC now owns 9,329,546 shares of the company’s stock worth $676,112,000 after purchasing an additional 1,260,664 shares during the period. Advisor Group Holdings Inc. boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 14.0% in the fourth quarter. Advisor Group Holdings Inc. now owns 9,331,742 shares of the company’s stock worth $676,493,000 after purchasing an additional 1,148,475 shares during the period. Finally, Financial Engines Advisors L.L.C. boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 10.0% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 11,694,188 shares of the company’s stock worth $847,478,000 after purchasing an additional 1,065,971 shares during the period.

Shares of NYSEARCA:SPYG opened at $53.94 on Tuesday. The firm has a fifty day moving average price of $54.58 and a 200 day moving average price of $61.25. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $50.01 and a fifty-two week high of $73.64.

About SPDR Portfolio S&P 500 Growth ETF (Get Rating)

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).

Further Reading

Want to see what other hedge funds are holding SPYG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYGGet Rating).

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