Millington Financial Advisors LLC Cuts Position in SPDR Portfolio S&P 500 Growth ETF $SPYG

Millington Financial Advisors LLC lessened its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 8.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 177,961 shares of the company’s stock after selling 17,091 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF accounts for 8.8% of Millington Financial Advisors LLC’s portfolio, making the stock its largest position. Millington Financial Advisors LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $17,419,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in SPYG. Envestnet Asset Management Inc. lifted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 77.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 10,227,943 shares of the company’s stock worth $974,928,000 after acquiring an additional 4,470,135 shares during the last quarter. Symphony Financial Ltd. Co. increased its stake in SPDR Portfolio S&P 500 Growth ETF by 2,711.7% in the 2nd quarter. Symphony Financial Ltd. Co. now owns 3,236,291 shares of the company’s stock worth $308,404,000 after buying an additional 3,121,192 shares during the period. Truist Financial Corp lifted its holdings in SPDR Portfolio S&P 500 Growth ETF by 662.1% during the 2nd quarter. Truist Financial Corp now owns 2,059,594 shares of the company’s stock valued at $196,320,000 after buying an additional 1,789,329 shares in the last quarter. Exchange Traded Concepts LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF in the 2nd quarter valued at about $99,999,000. Finally, SCS Capital Management LLC grew its stake in SPDR Portfolio S&P 500 Growth ETF by 94.1% in the 1st quarter. SCS Capital Management LLC now owns 1,793,264 shares of the company’s stock worth $144,125,000 after acquiring an additional 869,311 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA SPYG opened at $107.04 on Friday. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $68.65 and a 52-week high of $109.63. The firm has a market capitalization of $44.99 billion, a price-to-earnings ratio of 32.28 and a beta of 1.11. The stock has a 50 day moving average price of $105.35 and a 200 day moving average price of $99.30.

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).