SPDR Portfolio S&P 500 Growth ETF $SPYG Holdings Decreased by Strategic Financial Concepts LLC

Strategic Financial Concepts LLC lowered its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 99.2% in the fourth quarter, HoldingsChannel reports. The firm owned 6,696 shares of the company’s stock after selling 868,574 shares during the quarter. Strategic Financial Concepts LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $714,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Carroll Advisory Group LLC acquired a new position in SPDR Portfolio S&P 500 Growth ETF during the 4th quarter valued at approximately $397,000. Jefferies Financial Group Inc. boosted its position in SPDR Portfolio S&P 500 Growth ETF by 5.1% during the 4th quarter. Jefferies Financial Group Inc. now owns 10,019 shares of the company’s stock valued at $1,069,000 after purchasing an additional 483 shares during the period. Planning Alternatives Ltd. ADV acquired a new position in SPDR Portfolio S&P 500 Growth ETF during the 4th quarter valued at approximately $202,000. Associated Banc Corp acquired a new position in SPDR Portfolio S&P 500 Growth ETF during the 4th quarter valued at approximately $339,000. Finally, EverSource Wealth Advisors LLC boosted its position in SPDR Portfolio S&P 500 Growth ETF by 10.6% during the 4th quarter. EverSource Wealth Advisors LLC now owns 127,147 shares of the company’s stock valued at $13,567,000 after purchasing an additional 12,207 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Price Performance

NYSEARCA:SPYG opened at $118.28 on Friday. SPDR Portfolio S&P 500 Growth ETF has a 12-month low of $87.22 and a 12-month high of $120.42. The firm has a market capitalization of $52.12 billion, a P/E ratio of 32.28 and a beta of 1.17. The business has a 50 day simple moving average of $107.87 and a 200 day simple moving average of $106.60.

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). 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.