Janney Montgomery Scott LLC Lowers Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Janney Montgomery Scott LLC decreased its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 7.4% during the third quarter, according to its most recent filing with the SEC. The firm owned 1,244,831 shares of the company’s stock after selling 99,402 shares during the period. Janney Montgomery Scott LLC owned about 0.36% of SPDR Portfolio S&P 500 Growth ETF worth $103,246,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in SPYG. Carmichael Hill & Associates Inc. grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 344.1% in the 3rd quarter. Carmichael Hill & Associates Inc. now owns 4,832 shares of the company’s stock worth $401,000 after buying an additional 3,744 shares during the period. Optas LLC boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 1.7% during the third quarter. Optas LLC now owns 195,629 shares of the company’s stock worth $16,226,000 after acquiring an additional 3,217 shares in the last quarter. Gladstone Institutional Advisory LLC grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 329.5% in the third quarter. Gladstone Institutional Advisory LLC now owns 226,696 shares of the company’s stock worth $18,802,000 after purchasing an additional 173,920 shares during the period. Shepherd Financial Partners LLC increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 3.0% during the third quarter. Shepherd Financial Partners LLC now owns 36,881 shares of the company’s stock valued at $3,059,000 after purchasing an additional 1,071 shares in the last quarter. Finally, Stephens Inc. AR lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 7.6% during the third quarter. Stephens Inc. AR now owns 19,673 shares of the company’s stock valued at $1,632,000 after purchasing an additional 1,383 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Trading Up 0.7 %

NYSEARCA SPYG opened at $82.96 on Friday. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $59.07 and a 12 month high of $85.46. The stock’s fifty day moving average price is $82.00 and its 200-day moving average price is $78.86. The stock has a market cap of $28.48 billion, a P/E ratio of 27.22 and a beta of 1.14.

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).