Wrapmanager Inc. Reduces Holdings in SPDR Portfolio S&P 500 Growth ETF $SPYG

Wrapmanager Inc. trimmed its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 17.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 91,569 shares of the company’s stock after selling 19,159 shares during the period. SPDR Portfolio S&P 500 Growth ETF comprises about 3.3% of Wrapmanager Inc.’s holdings, making the stock its 8th largest position. Wrapmanager Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $9,770,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Fortis Group Advisors LLC lifted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 2.3% in the fourth quarter. Fortis Group Advisors LLC now owns 109,863 shares of the company’s stock valued at $11,783,000 after buying an additional 2,458 shares in the last quarter. Northbridge Financial Group LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the fourth quarter valued at about $366,000. Creative Financial Designs Inc. ADV boosted its holdings in SPDR Portfolio S&P 500 Growth ETF by 2.1% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 7,083 shares of the company’s stock worth $756,000 after purchasing an additional 144 shares during the last quarter. Forefront Wealth Partners LLC boosted its holdings in SPDR Portfolio S&P 500 Growth ETF by 107.6% during the fourth quarter. Forefront Wealth Partners LLC now owns 5,395 shares of the company’s stock worth $576,000 after purchasing an additional 2,796 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its holdings in SPDR Portfolio S&P 500 Growth ETF by 157.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 48,698 shares of the company’s stock worth $5,196,000 after purchasing an additional 29,784 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

SPDR Portfolio S&P 500 Growth ETF stock opened at $118.28 on Friday. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $87.22 and a fifty-two week high of $120.42. The stock has a market cap of $52.12 billion, a PE ratio of 32.28 and a beta of 1.17. The firm’s 50-day simple moving average is $107.58 and its 200 day simple moving average is $106.52.

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). The S&P 500 Growth Index measures the performance of the growth sector in the United States equity market. The selection universe for the S&P 500 Index includes all the United States common equities.