SPDR Portfolio S&P 500 Growth ETF $SPYG Stock: KWB Wealth Cuts Stake

KWB Wealth lowered its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG – Free Report) by 1.4% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 787,164 shares of the company’s stock after selling 11,208 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises about 8.3% of KWB Wealth’s investment portfolio, making the stock its 2nd largest position. KWB Wealth’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $96,884,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the business. The Manufacturers Life Insurance Company acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 2nd quarter valued at approximately $375,859,000. Envestnet Asset Management Inc. grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 10.5% in the second quarter. Envestnet Asset Management Inc. now owns 9,489,431 shares of the company’s stock valued at $1,129,147,000 after buying an additional 903,774 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC acquired a new position in SPDR Portfolio S&P 500 Growth ETF during the third quarter worth $111,008,000. Canandaigua National Bank & Trust Co. acquired a new position in SPDR Portfolio S&P 500 Growth ETF during the second quarter worth $71,180,000. Finally, Navigation Group LLC bought a new stake in SPDR Portfolio S&P 500 Growth ETF during the first quarter worth $46,978,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

SPYG stock traded down $2.42 during trading hours on Friday, reaching $120.25. The stock had a trading volume of 2,253,676 shares, compared to its average volume of 3,723,101. The stock has a market capitalization of $55.62 billion, a PE ratio of 32.28 and a beta of 1.17. The stock has a 50-day simple moving average of $122.19 and a 200 day simple moving average of $117.52. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $93.61 and a fifty-two week high of $127.13.

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.

Further Reading

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Institutional Ownership by Quarter for SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

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