SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) is Boston Mountain Money Management Inc.’s 2nd Largest Position

Boston Mountain Money Management Inc. trimmed its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 0.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 202,657 shares of the company’s stock after selling 1,548 shares during the period. SPDR Portfolio S&P 500 Growth ETF makes up 10.7% of Boston Mountain Money Management Inc.’s investment portfolio, making the stock its 2nd largest holding. Boston Mountain Money Management Inc. owned about 0.06% of SPDR Portfolio S&P 500 Growth ETF worth $16,239,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of SPYG. Dynasty Wealth Management LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the 1st quarter worth $262,606,000. Quotient Wealth Partners LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the fourth quarter worth about $184,276,000. Cetera Investment Advisers grew its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 282.8% during the first quarter. Cetera Investment Advisers now owns 2,192,642 shares of the company’s stock worth $160,392,000 after buying an additional 1,619,888 shares during the last quarter. GLOBALT Investments LLC GA acquired a new position in SPDR Portfolio S&P 500 Growth ETF in the 4th quarter valued at about $80,116,000. Finally, Scarborough Advisors LLC raised its stake in SPDR Portfolio S&P 500 Growth ETF by 2,911.7% during the 4th quarter. Scarborough Advisors LLC now owns 1,083,064 shares of the company’s stock valued at $70,464,000 after acquiring an additional 1,047,102 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of SPYG stock traded up $1.03 during midday trading on Monday, hitting $81.25. The company had a trading volume of 1,484,715 shares, compared to its average volume of 2,441,823. The stock has a market cap of $27.89 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14. The company’s 50 day simple moving average is $79.58 and its 200 day simple moving average is $74.97. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $56.78 and a 52-week high of $84.16.

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).