Confluence Wealth Services Inc. cut its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG – Free Report) by 53.7% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 11,858 shares of the company’s stock after selling 13,760 shares during the quarter. Confluence Wealth Services Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $1,459,000 at the end of the most recent reporting period.
Other hedge funds have also modified their holdings of the company. Vantagepoint Investment Advisers LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the third quarter worth $527,447,000. The Manufacturers Life Insurance Company purchased a new position in SPDR Portfolio S&P 500 Growth ETF in the 2nd quarter worth about $375,859,000. Commonwealth Equity Services LLC purchased a new position in SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter worth about $241,863,000. AlphaStar Capital Management LLC purchased a new position in SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter worth about $176,278,000. Finally, Envestnet Asset Management Inc. raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 10.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 9,489,431 shares of the company’s stock worth $1,129,147,000 after buying an additional 903,774 shares during the period.
SPDR Portfolio S&P 500 Growth ETF Trading Up 1.7%
NYSEARCA SPYG opened at $116.18 on Thursday. SPDR Portfolio S&P 500 Growth ETF has a 1 year low of $93.61 and a 1 year high of $127.13. The company has a market cap of $54.15 billion, a PE ratio of 32.28 and a beta of 1.17. The stock’s 50-day moving average price is $120.89 and its two-hundred day moving average price is $114.50.
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). 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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Want to see what other hedge funds are holding SPYG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG – Free Report).
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