SPDR Portfolio S&P 500 Growth ETF $SPYG Stock Holdings Lowered by Allworth Financial LP

Allworth Financial LP cut its holdings in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 15.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,545,678 shares of the company’s stock after selling 1,863,953 shares during the period. SPDR Portfolio S&P 500 Growth ETF comprises approximately 5.3% of Allworth Financial LP’s investment portfolio, making the stock its 3rd biggest holding. Allworth Financial LP’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $1,254,830,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in SPYG. Brighton Jones LLC grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 6.9% during the fourth quarter. Brighton Jones LLC now owns 3,152 shares of the company’s stock worth $277,000 after acquiring an additional 204 shares during the period. AQR Capital Management LLC boosted its position in SPDR Portfolio S&P 500 Growth ETF by 91.0% in the 1st quarter. AQR Capital Management LLC now owns 60,022 shares of the company’s stock worth $4,824,000 after purchasing an additional 28,598 shares in the last quarter. Russell Investments Group Ltd. boosted its position in SPDR Portfolio S&P 500 Growth ETF by 138.0% in the 2nd quarter. Russell Investments Group Ltd. now owns 545 shares of the company’s stock worth $52,000 after purchasing an additional 316 shares in the last quarter. First Trust Advisors LP acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the 2nd quarter worth approximately $732,000. Finally, Gamco Investors INC. ET AL purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 2nd quarter valued at approximately $357,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

SPYG stock traded down $0.59 during midday trading on Tuesday, hitting $121.11. 1,427,048 shares of the stock traded hands, compared to its average volume of 3,984,010. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $93.61 and a 1-year high of $124.04. The stock’s fifty day simple moving average is $119.38 and its 200-day simple moving average is $113.40. The firm has a market cap of $53.62 billion, a P/E ratio of 32.28 and a beta of 1.17.

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.