Hobart Private Capital LLC Sells 7,093 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Hobart Private Capital LLC decreased its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 3.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 196,195 shares of the company’s stock after selling 7,093 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises 3.9% of Hobart Private Capital LLC’s holdings, making the stock its 7th biggest position. Hobart Private Capital LLC owned approximately 0.05% of SPDR Portfolio S&P 500 Growth ETF worth $15,768,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the stock. Envestnet Asset Management Inc. boosted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 176.9% in the 4th quarter. Envestnet Asset Management Inc. now owns 16,832,670 shares of the company’s stock valued at $1,479,592,000 after acquiring an additional 10,754,386 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 4th quarter valued at $323,542,000. Clark Capital Management Group Inc. boosted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 148,942.8% in the 4th quarter. Clark Capital Management Group Inc. now owns 3,614,288 shares of the company’s stock valued at $317,696,000 after acquiring an additional 3,611,863 shares during the last quarter. Dynasty Wealth Management LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 4th quarter valued at $311,395,000. Finally, Connecticut Wealth Management LLC boosted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 194.9% in the 4th quarter. Connecticut Wealth Management LLC now owns 4,210,466 shares of the company’s stock valued at $370,100,000 after acquiring an additional 2,782,724 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Price Performance

SPYG stock opened at $89.56 on Thursday. The firm’s fifty day simple moving average is $82.09 and its 200-day simple moving average is $86.07. The company has a market capitalization of $34.42 billion, a P/E ratio of 29.85 and a beta of 1.12. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $68.65 and a 12 month high of $92.76.

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).