Safeguard Financial LLC Reduces Stock Holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

by · The Markets Daily

Safeguard Financial LLC lowered its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYGFree Report) by 14.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 22,046 shares of the company’s stock after selling 3,624 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises about 0.4% of Safeguard Financial LLC’s holdings, making the stock its 23rd biggest holding. Safeguard Financial LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $1,938,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of SPYG. Raleigh Capital Management Inc. lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 5.3% during the third quarter. Raleigh Capital Management Inc. now owns 2,422 shares of the company’s stock worth $201,000 after purchasing an additional 122 shares in the last quarter. CENTRAL TRUST Co lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 12.3% during the third quarter. CENTRAL TRUST Co now owns 1,227 shares of the company’s stock worth $102,000 after purchasing an additional 134 shares in the last quarter. First Horizon Advisors Inc. lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 1.2% during the third quarter. First Horizon Advisors Inc. now owns 12,961 shares of the company’s stock worth $1,075,000 after purchasing an additional 149 shares in the last quarter. Nvest Financial LLC lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 0.6% during the third quarter. Nvest Financial LLC now owns 30,413 shares of the company’s stock worth $2,522,000 after purchasing an additional 177 shares in the last quarter. Finally, Matrix Asset Advisors Inc. NY lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 6.2% during the third quarter. Matrix Asset Advisors Inc. NY now owns 3,411 shares of the company’s stock worth $283,000 after purchasing an additional 199 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of SPYG opened at $87.03 on Wednesday. The stock has a market capitalization of $29.87 billion, a PE ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a 1 year low of $64.63 and a 1 year high of $91.49. The company’s 50-day simple moving average is $88.34 and its 200-day simple moving average is $83.59.

SPDR Portfolio S&P 500 Growth ETF Profile

(Free Report)

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).

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