Cannon Financial Strategists Inc. Sells 10,876 Shares of SPDR Portfolio S&P 500 Growth ETF $SPYG

Cannon Financial Strategists Inc. cut its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 1.3% during the 4th quarter, HoldingsChannel reports. The firm owned 819,440 shares of the company’s stock after selling 10,876 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises about 12.2% of Cannon Financial Strategists Inc.’s portfolio, making the stock its 3rd largest holding. Cannon Financial Strategists Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $87,434,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. Dynamic Wealth Strategies LLC raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 21.6% in the fourth quarter. Dynamic Wealth Strategies LLC now owns 50,205 shares of the company’s stock worth $5,357,000 after purchasing an additional 8,920 shares during the period. Altman Advisors Inc. raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 1.8% in the fourth quarter. Altman Advisors Inc. now owns 92,421 shares of the company’s stock worth $9,861,000 after purchasing an additional 1,606 shares during the period. Ballast Rock Private Wealth LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF in the fourth quarter worth $872,000. UNIVEST FINANCIAL Corp raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 32.4% in the fourth quarter. UNIVEST FINANCIAL Corp now owns 113,386 shares of the company’s stock worth $12,098,000 after purchasing an additional 27,777 shares during the period. Finally, Garrett Wealth Advisory Group LLC raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 1.4% in the fourth quarter. Garrett Wealth Advisory Group LLC now owns 399,911 shares of the company’s stock worth $42,671,000 after purchasing an additional 5,395 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

SPYG opened at $117.56 on Monday. The firm’s fifty day moving average is $104.72 and its two-hundred day moving average is $105.72. The firm has a market cap of $51.80 billion, a PE ratio of 32.28 and a beta of 1.17. SPDR Portfolio S&P 500 Growth ETF has a twelve month low of $83.68 and a twelve month high of $117.61.

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.