SPDR Portfolio S&P 500 Growth ETF $SPYG Stake Lowered by Sanchez Wealth Management Group

Sanchez Wealth Management Group cut its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 19.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 106,143 shares of the company’s stock after selling 25,875 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF makes up 2.4% of Sanchez Wealth Management Group’s portfolio, making the stock its 16th largest holding. Sanchez Wealth Management Group’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $11,326,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently made changes to their positions in the stock. Allworth Financial LP grew its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 0.4% during the third quarter. Allworth Financial LP now owns 11,394,840 shares of the company’s stock valued at $1,190,875,000 after purchasing an additional 45,989 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 7.4% during the third quarter. Envestnet Asset Management Inc. now owns 10,982,338 shares of the company’s stock worth $1,147,764,000 after buying an additional 754,395 shares during the period. Ameriprise Financial Inc. boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 0.6% during the third quarter. Ameriprise Financial Inc. now owns 9,914,602 shares of the company’s stock worth $1,036,342,000 after buying an additional 61,348 shares during the period. Horizon Investments LLC boosted its position 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 worth $575,034,000 after buying an additional 52,598 shares during the period. Finally, HB Wealth Management LLC boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 0.3% during the fourth quarter. HB Wealth Management LLC now owns 4,781,932 shares of the company’s stock worth $489,308,000 after buying an additional 12,568 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA SPYG opened at $117.56 on Monday. The stock has a 50 day simple moving average of $104.72 and a 200-day simple moving average of $105.72. The company 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 12-month low of $83.68 and a 12-month high of $117.61.

About SPDR Portfolio S&P 500 Growth ETF

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.