Raymond James Financial Services Advisors Inc. trimmed its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG – Free Report) by 9.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,212,381 shares of the company’s stock after selling 238,665 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $161,836,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Northwest Investment Counselors LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the first quarter worth approximately $26,000. Headinvest LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth approximately $29,000. Pineridge Advisors LLC bought a new stake in SPDR Portfolio S&P 500 Growth ETF in the 4th quarter valued at $31,000. Headlands Technologies LLC acquired a new position in SPDR Portfolio S&P 500 Growth ETF in the 4th quarter valued at $32,000. Finally, EdgeRock Capital LLC bought a new position in SPDR Portfolio S&P 500 Growth ETF during the 4th quarter worth $34,000.
SPDR Portfolio S&P 500 Growth ETF Stock Down 1.9 %
Shares of SPYG traded down $1.35 during midday trading on Tuesday, reaching $70.32. 1,442,567 shares of the stock were exchanged, compared to its average volume of 2,160,612. The stock’s 50 day simple moving average is $71.96 and its 200 day simple moving average is $66.96. The company has a market cap of $23.98 billion, a P/E ratio of 27.72 and a beta of 1.10. SPDR Portfolio S&P 500 Growth ETF has a twelve month low of $54.73 and a twelve month high of $74.10.
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).
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