SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) Shares Sold by GGM Financials LLC

GGM Financials LLC reduced its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 13.6% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 11,257 shares of the company’s stock after selling 1,770 shares during the period. SPDR Portfolio S&P 500 Growth ETF accounts for about 0.6% of GGM Financials LLC’s holdings, making the stock its 24th largest holding. GGM Financials LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $905,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Tyler Stone Wealth Management raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 0.7% in the 4th quarter. Tyler Stone Wealth Management now owns 17,139 shares of the company’s stock valued at $1,507,000 after acquiring an additional 111 shares during the period. Continuum Advisory LLC raised its position in SPDR Portfolio S&P 500 Growth ETF by 0.3% in the fourth quarter. Continuum Advisory LLC now owns 37,486 shares of the company’s stock valued at $3,295,000 after purchasing an additional 122 shares during the period. Diversified Enterprises LLC lifted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 1.5% during the fourth quarter. Diversified Enterprises LLC now owns 8,300 shares of the company’s stock worth $730,000 after purchasing an additional 126 shares in the last quarter. Cozad Asset Management Inc. lifted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 4.3% during the fourth quarter. Cozad Asset Management Inc. now owns 3,344 shares of the company’s stock worth $294,000 after purchasing an additional 137 shares in the last quarter. Finally, Venturi Wealth Management LLC boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 2.0% in the fourth quarter. Venturi Wealth Management LLC now owns 7,127 shares of the company’s stock worth $626,000 after buying an additional 139 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA:SPYG opened at $91.43 on Friday. The business’s 50-day simple moving average is $83.27 and its 200 day simple moving average is $86.26. The company has a market cap of $35.33 billion, a P/E ratio of 29.85 and a beta of 1.12. SPDR Portfolio S&P 500 Growth ETF has a one year low of $68.65 and a one year high of $92.76.

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).