SCS Capital Management LLC Sells 52,772 Shares of SPDR Portfolio S&P 500 Growth ETF $SPYG

SCS Capital Management LLC lessened its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 2.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,845,611 shares of the company’s stock after selling 52,772 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises about 2.1% of SCS Capital Management LLC’s investment portfolio, making the stock its 12th biggest position. SCS Capital Management LLC owned about 0.43% of SPDR Portfolio S&P 500 Growth ETF worth $196,927,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Optiver Holding B.V. bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth about $25,000. United Financial Planning Group LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth about $25,000. Financial Life Planners bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth about $26,000. Hantz Financial Services Inc. increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 583.8% during the 4th quarter. Hantz Financial Services Inc. now owns 253 shares of the company’s stock worth $27,000 after purchasing an additional 216 shares during the period. Finally, New Millennium Group LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 4th quarter worth about $29,000.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

NYSEARCA:SPYG opened at $121.50 on Monday. The firm’s 50-day moving average is $109.68 and its 200-day moving average is $107.06. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $88.59 and a 52-week high of $121.93. The company has a market cap of $53.54 billion, a price-to-earnings 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.