GenWealth Group Inc. Decreases Stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

GenWealth Group Inc. lessened its holdings in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 2.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 114,917 shares of the company’s stock after selling 2,941 shares during the period. SPDR Portfolio S&P 500 Growth ETF accounts for approximately 2.3% of GenWealth Group Inc.’s investment portfolio, making the stock its 15th biggest position. GenWealth Group Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $10,101,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. Whitaker Myers Wealth Managers LTD. purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 4th quarter worth $244,000. Choice Wealth Advisors LLC raised its stake in SPDR Portfolio S&P 500 Growth ETF by 4.7% during the fourth quarter. Choice Wealth Advisors LLC now owns 243,975 shares of the company’s stock worth $21,445,000 after purchasing an additional 11,018 shares during the period. Orgel Wealth Management LLC boosted its holdings in SPDR Portfolio S&P 500 Growth ETF by 19.7% in the 4th quarter. Orgel Wealth Management LLC now owns 3,309,979 shares of the company’s stock valued at $290,947,000 after purchasing an additional 544,211 shares during the last quarter. Financial Management Professionals Inc. grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 2.9% in the 4th quarter. Financial Management Professionals Inc. now owns 94,538 shares of the company’s stock valued at $8,310,000 after buying an additional 2,660 shares during the period. Finally, Ameritas Advisory Services LLC increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 34.3% during the 4th quarter. Ameritas Advisory Services LLC now owns 740,951 shares of the company’s stock worth $65,130,000 after buying an additional 189,118 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of SPDR Portfolio S&P 500 Growth ETF stock opened at $89.89 on Friday. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $65.51 and a fifty-two week high of $91.49. The firm has a market capitalization of $30.85 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14. The stock has a 50 day moving average of $88.47 and a 200 day moving average of $83.74.

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).