SPDR Portfolio S&P 500 Growth ETF $SPYG Position Lessened by Wrapmanager Inc.

Wrapmanager Inc. trimmed its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 29.7% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 110,728 shares of the company’s stock after selling 46,794 shares during the period. SPDR Portfolio S&P 500 Growth ETF comprises approximately 3.6% of Wrapmanager Inc.’s holdings, making the stock its 7th largest holding. Wrapmanager Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $11,572,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Clayton Financial Group LLC bought a new position in SPDR Portfolio S&P 500 Growth ETF during the third quarter worth $26,000. Quaker Wealth Management LLC grew its stake in SPDR Portfolio S&P 500 Growth ETF by 292.9% during the 2nd quarter. Quaker Wealth Management LLC now owns 301 shares of the company’s stock worth $29,000 after buying an additional 457 shares during the last quarter. CGC Financial Services LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF in the third quarter worth $30,000. Grey Fox Wealth Advisors LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF in the third quarter worth $41,000. Finally, Russell Investments Group Ltd. lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 138.0% in the second quarter. Russell Investments Group Ltd. now owns 545 shares of the company’s stock valued at $52,000 after buying an additional 316 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Down 1.2%

Shares of NYSEARCA:SPYG opened at $103.61 on Tuesday. The company’s 50-day moving average price is $106.29 and its 200 day moving average price is $104.81. The company has a market cap of $44.19 billion, a PE ratio of 32.28 and a beta of 1.11. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $68.65 and a fifty-two week high of $109.63.

SPDR Portfolio S&P 500 Growth ETF Company 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.