SPDR Portfolio S&P 500 Growth ETF $SPYG Position Decreased by Confluence Investment Management LLC

Confluence Investment Management LLC decreased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 11.0% during the 3rd quarter, Holdings Channel.com reports. The firm owned 510,696 shares of the company’s stock after selling 63,013 shares during the period. Confluence Investment Management LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $62,856,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in SPYG. Envestnet Asset Management Inc. grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 10.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 9,489,431 shares of the company’s stock valued at $1,129,147,000 after buying an additional 903,774 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 4.7% during the 4th quarter. JPMorgan Chase & Co. now owns 5,768,335 shares of the company’s stock worth $615,481,000 after acquiring an additional 258,138 shares during the period. Valmark Advisers Inc. boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 4.8% in the first quarter. Valmark Advisers Inc. now owns 4,884,338 shares of the company’s stock worth $478,226,000 after acquiring an additional 223,140 shares during the last quarter. Dynasty Wealth Management LLC boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 4.4% in the fourth quarter. Dynasty Wealth Management LLC now owns 3,835,955 shares of the company’s stock worth $409,296,000 after acquiring an additional 162,192 shares during the last quarter. Finally, The Manufacturers Life Insurance Company purchased a new stake in SPDR Portfolio S&P 500 Growth ETF in the second quarter valued at approximately $375,859,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

SPYG stock traded down $0.09 on Thursday, hitting $123.00. 881,199 shares of the company were exchanged, compared to its average volume of 3,812,955. SPDR Portfolio S&P 500 Growth ETF has a twelve month low of $93.61 and a twelve month high of $124.58. The business’s fifty day moving average is $120.60 and its two-hundred day moving average is $115.56. The stock has a market capitalization of $56.15 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17.

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.