SPDR Portfolio S&P 500 Growth ETF $SPYG Stock Holdings Reduced by CGN Advisors LLC

CGN Advisors LLC lowered its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 5.7% in the 2nd quarter, HoldingsChannel reports. The firm owned 459,393 shares of the company’s stock after selling 27,732 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises approximately 4.0% of CGN Advisors LLC’s holdings, making the stock its 4th largest holding. CGN Advisors LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $54,663,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of SPYG. Morgan Stanley increased its holdings in SPDR Portfolio S&P 500 Growth ETF by 95.9% during the fourth quarter. Morgan Stanley now owns 16,219,528 shares of the company’s stock valued at $1,730,624,000 after buying an additional 7,939,766 shares during the period. Allworth Financial LP lifted its holdings in SPDR Portfolio S&P 500 Growth ETF by 8.7% during the fourth quarter. Allworth Financial LP now owns 12,384,946 shares of the company’s stock worth $1,321,474,000 after buying an additional 990,106 shares during the period. Valpey Financial Services LLC lifted its holdings in SPDR Portfolio S&P 500 Growth ETF by 8,907.1% during the fourth quarter. Valpey Financial Services LLC now owns 689,133 shares of the company’s stock worth $73,530,000 after buying an additional 681,482 shares during the period. Stifel Financial Corp boosted its position in SPDR Portfolio S&P 500 Growth ETF by 63.8% during the 4th quarter. Stifel Financial Corp now owns 1,729,269 shares of the company’s stock valued at $184,514,000 after acquiring an additional 673,790 shares in the last quarter. Finally, Benjamin Edwards Inc. boosted its position in SPDR Portfolio S&P 500 Growth ETF by 81.4% during the 4th quarter. Benjamin Edwards Inc. now owns 1,342,569 shares of the company’s stock valued at $143,254,000 after acquiring an additional 602,485 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Trading Up 2.4%

Shares of NYSEARCA:SPYG opened at $122.51 on Wednesday. SPDR Portfolio S&P 500 Growth ETF has a 12-month low of $93.61 and a 12-month high of $123.03. The business’s fifty day simple moving average is $117.92 and its 200-day simple moving average is $110.78. The company has a market capitalization of $54.24 billion, a PE 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.