PAX Financial Group LLC Sells 12,948 Shares of SPDR Portfolio S&P 500 Growth ETF $SPYG

PAX Financial Group LLC reduced its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYGFree Report) by 26.4% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 36,182 shares of the company’s stock after selling 12,948 shares during the period. PAX Financial Group LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $3,543,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in SPYG. Morgan Stanley increased its position in SPDR Portfolio S&P 500 Growth ETF by 95.9% in the fourth quarter. Morgan Stanley now owns 16,219,528 shares of the company’s stock worth $1,730,624,000 after purchasing an additional 7,939,766 shares during the period. Allworth Financial LP raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 8.7% during the 4th quarter. Allworth Financial LP now owns 12,384,946 shares of the company’s stock worth $1,321,474,000 after purchasing an additional 990,106 shares during the last quarter. Ameriprise Financial Inc. lifted its position in SPDR Portfolio S&P 500 Growth ETF by 0.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 9,914,602 shares of the company’s stock valued at $1,036,342,000 after purchasing an additional 61,348 shares during the period. JPMorgan Chase & Co. lifted its position in SPDR Portfolio S&P 500 Growth ETF by 4.7% during the 4th quarter. JPMorgan Chase & Co. now owns 5,768,335 shares of the company’s stock valued at $615,481,000 after purchasing an additional 258,138 shares during the period. Finally, Horizon Investments LLC boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 1.0% in the 4th quarter. Horizon Investments LLC now owns 5,389,258 shares of the company’s stock valued at $575,034,000 after purchasing an additional 52,598 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA SPYG opened at $117.20 on Friday. SPDR Portfolio S&P 500 Growth ETF has a 1 year low of $93.61 and a 1 year high of $122.92. The firm’s 50-day moving average is $117.34 and its 200-day moving average is $109.16. The firm has a market capitalization of $52.07 billion, a PE ratio of 32.28 and a beta of 1.17.

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

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

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