Pineridge Advisors LLC Reduces Stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Pineridge Advisors LLC cut its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 52.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 406 shares of the company’s stock after selling 451 shares during the period. Pineridge Advisors LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $36,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. LPL Financial LLC raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 4.5% during the 3rd quarter. LPL Financial LLC now owns 31,403,162 shares of the company’s stock valued at $2,604,578,000 after buying an additional 1,354,443 shares during the period. Kestra Investment Management LLC increased its position in SPDR Portfolio S&P 500 Growth ETF by 70.3% during the third quarter. Kestra Investment Management LLC now owns 2,251,726 shares of the company’s stock valued at $186,758,000 after acquiring an additional 929,872 shares during the last quarter. Kingsview Wealth Management LLC raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 190.1% in the fourth quarter. Kingsview Wealth Management LLC now owns 1,283,008 shares of the company’s stock valued at $112,776,000 after acquiring an additional 840,689 shares during the period. Flagship Harbor Advisors LLC bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter worth about $56,722,000. Finally, Mount Yale Investment Advisors LLC purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 4th quarter worth about $52,896,000.

SPDR Portfolio S&P 500 Growth ETF Trading Up 0.8 %

Shares of NYSEARCA:SPYG opened at $91.45 on Tuesday. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $68.48 and a 12 month high of $92.76. The company has a market capitalization of $31.39 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14. The firm’s 50-day moving average is $89.68 and its 200 day moving average is $84.68.

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).