MidAtlantic Capital Management Inc. Sells 7,443 Shares of SPDR Portfolio S&P 500 Growth ETF $SPYG

MidAtlantic Capital Management Inc. lowered its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 14.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 44,545 shares of the company’s stock after selling 7,443 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF makes up about 3.0% of MidAtlantic Capital Management Inc.’s holdings, making the stock its 8th biggest position. MidAtlantic Capital Management Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $4,753,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SPYG. Optiver Holding B.V. acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the third quarter worth approximately $25,000. United Financial Planning Group LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the third quarter worth approximately $25,000. Financial Life Planners acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the third quarter worth approximately $26,000. Hantz Financial Services Inc. raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 583.8% during the fourth quarter. Hantz Financial Services Inc. now owns 253 shares of the company’s stock worth $27,000 after purchasing an additional 216 shares in the last quarter. Finally, New Millennium Group LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the fourth quarter worth approximately $29,000.

SPDR Portfolio S&P 500 Growth ETF Trading Down 0.0%

SPYG stock opened at $119.72 on Thursday. SPDR Portfolio S&P 500 Growth ETF has a twelve month low of $88.59 and a twelve month high of $120.42. The company’s 50 day moving average is $108.92 and its two-hundred day moving average is $106.86. The stock has a market cap of $52.75 billion, a P/E ratio of 32.28 and a beta of 1.17.

SPDR Portfolio S&P 500 Growth ETF 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.