Iowa State Bank Reduces Holdings in SPDR Portfolio S&P 500 Growth ETF $SPYG

Iowa State Bank lessened its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 8.1% in the second quarter, Holdings Channel reports. The institutional investor owned 25,894 shares of the company’s stock after selling 2,295 shares during the quarter. Iowa State Bank’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $2,468,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SPYG. PUREfi Wealth LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the 2nd quarter worth about $224,000. Petros Family Wealth LLC acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the second quarter valued at $222,000. Valpey Financial Services LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 2nd quarter worth approximately $711,000. Merit Financial Group LLC raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 5.5% in the 2nd quarter. Merit Financial Group LLC now owns 525,301 shares of the company’s stock worth $50,072,000 after buying an additional 27,368 shares in the last quarter. Finally, Three Cord True Wealth Management LLC lifted its holdings in SPDR Portfolio S&P 500 Growth ETF by 7.3% in the 2nd quarter. Three Cord True Wealth Management LLC now owns 240,937 shares of the company’s stock valued at $22,966,000 after acquiring an additional 16,416 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Trading Down 0.3%

Shares of SPYG opened at $104.83 on Monday. The stock has a market capitalization of $43.64 billion, a P/E ratio of 32.28 and a beta of 1.05. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $68.65 and a 1-year high of $105.57. The business’s 50-day moving average price is $101.04 and its 200 day moving average price is $92.19.

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).