Buska Wealth Management LLC Sells 34,040 Shares of SPDR Portfolio S&P 500 Growth ETF $SPYG

Buska Wealth Management LLC trimmed its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 12.8% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 231,088 shares of the company’s stock after selling 34,040 shares during the period. SPDR Portfolio S&P 500 Growth ETF comprises about 9.9% of Buska Wealth Management LLC’s investment portfolio, making the stock its 3rd largest position. Buska Wealth Management LLC owned about 0.05% of SPDR Portfolio S&P 500 Growth ETF worth $27,497,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of SPYG. Morgan Stanley grew its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 95.9% during the fourth quarter. Morgan Stanley now owns 16,219,528 shares of the company’s stock worth $1,730,624,000 after buying an additional 7,939,766 shares in the last quarter. Allworth Financial LP lifted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 8.7% during the fourth quarter. Allworth Financial LP now owns 12,384,946 shares of the company’s stock valued at $1,321,474,000 after buying an additional 990,106 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 4.7% during the fourth quarter. JPMorgan Chase & Co. now owns 5,768,335 shares of the company’s stock valued at $615,481,000 after buying an additional 258,138 shares during the period. Horizon Investments LLC lifted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 1.0% during the fourth quarter. Horizon Investments LLC now owns 5,389,258 shares of the company’s stock valued at $575,034,000 after buying an additional 52,598 shares during the period. Finally, Valmark Advisers Inc. boosted its position in SPDR Portfolio S&P 500 Growth ETF by 4.8% during the first quarter. Valmark Advisers Inc. now owns 4,884,338 shares of the company’s stock worth $478,226,000 after acquiring an additional 223,140 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

SPYG stock opened at $121.99 on Wednesday. The stock has a market capitalization of $54.00 billion, a P/E ratio of 32.28 and a beta of 1.17. SPDR Portfolio S&P 500 Growth ETF has a one year low of $93.61 and a one year high of $124.04. The company has a 50 day moving average price of $118.02 and a two-hundred day moving average price of $111.34.

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.