JNBA Financial Advisors Decreases Holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

JNBA Financial Advisors cut its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 1.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 251,923 shares of the company’s stock after selling 3,117 shares during the period. SPDR Portfolio S&P 500 Growth ETF comprises approximately 2.3% of JNBA Financial Advisors’ holdings, making the stock its 12th largest position. JNBA Financial Advisors’ holdings in SPDR Portfolio S&P 500 Growth ETF were worth $22,144,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Orgel Wealth Management LLC increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 0.4% in the 3rd quarter. Orgel Wealth Management LLC now owns 2,765,768 shares of the company’s stock worth $229,393,000 after purchasing an additional 12,287 shares in the last quarter. Stratos Wealth Partners LTD. increased its stake in SPDR Portfolio S&P 500 Growth ETF by 11.2% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 405,739 shares of the company’s stock worth $33,652,000 after buying an additional 40,897 shares in the last quarter. Stratos Wealth Advisors LLC increased its stake in SPDR Portfolio S&P 500 Growth ETF by 8.4% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 65,136 shares of the company’s stock worth $5,402,000 after buying an additional 5,071 shares in the last quarter. Sage Financial Management Group Inc. increased its stake in SPDR Portfolio S&P 500 Growth ETF by 4.3% in the 3rd quarter. Sage Financial Management Group Inc. now owns 132,723 shares of the company’s stock worth $11,008,000 after buying an additional 5,427 shares in the last quarter. Finally, Blue Trust Inc. increased its stake in SPDR Portfolio S&P 500 Growth ETF by 99.1% in the 3rd quarter. Blue Trust Inc. now owns 663 shares of the company’s stock worth $53,000 after buying an additional 330 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of SPYG stock opened at $92.33 on Friday. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $68.48 and a 52-week high of $92.76. The firm has a market capitalization of $31.69 billion, a PE ratio of 27.22 and a beta of 1.14. The stock has a fifty day simple moving average of $89.93 and a two-hundred day simple moving average of $85.13.

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).