Private Wealth Group LLC Cuts Stock Holdings in SPDR Portfolio S&P 500 Growth ETF $SPYG

by · The Markets Daily

Private Wealth Group LLC lowered its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG – Free Report) by 9.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 45,302 shares of the company’s stock after selling 4,963 shares during the period. SPDR Portfolio S&P 500 Growth ETF makes up approximately 2.4% of Private Wealth Group LLC’s holdings, making the stock its 12th largest holding. Private Wealth Group LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $4,735,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Envestnet Asset Management Inc. boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 77.6% during the second quarter. Envestnet Asset Management Inc. now owns 10,227,943 shares of the company’s stock valued at $974,928,000 after purchasing an additional 4,470,135 shares during the period. Symphony Financial Ltd. Co. boosted its position in SPDR Portfolio S&P 500 Growth ETF by 2,711.7% during the 2nd quarter. Symphony Financial Ltd. Co. now owns 3,236,291 shares of the company’s stock valued at $308,404,000 after buying an additional 3,121,192 shares during the period. Truist Financial Corp boosted its position in SPDR Portfolio S&P 500 Growth ETF by 662.1% during the 2nd quarter. Truist Financial Corp now owns 2,059,594 shares of the company’s stock valued at $196,320,000 after buying an additional 1,789,329 shares during the period. Ameriprise Financial Inc. grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 12.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 9,853,254 shares of the company’s stock worth $938,988,000 after acquiring an additional 1,120,425 shares during the last quarter. Finally, Exchange Traded Concepts LLC purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the second quarter valued at about $99,999,000.

SPDR Portfolio S&P 500 Growth ETF Trading Up 0.4%

SPDR Portfolio S&P 500 Growth ETF stock opened at $107.16 on Tuesday. The firm has a market cap of $45.44 billion, a P/E ratio of 32.28 and a beta of 1.11. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $68.65 and a 1-year high of $109.63. The firm has a 50-day moving average of $106.54 and a 200-day moving average of $102.41.

About SPDR Portfolio S&P 500 Growth ETF

(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). 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.

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