Promus Capital LLC Has $9.50 Million Position in SPDR Portfolio S&P 500 Growth ETF $SPYG

Promus Capital LLC lowered its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 12.5% during the second quarter, HoldingsChannel.com reports. The fund owned 99,664 shares of the company’s stock after selling 14,222 shares during the period. SPDR Portfolio S&P 500 Growth ETF accounts for 6.2% of Promus Capital LLC’s portfolio, making the stock its 4th largest holding. Promus Capital LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $9,500,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Flaharty Asset Management LLC acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 1st quarter worth about $28,000. Quaker Wealth Management LLC lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 292.9% in the second quarter. Quaker Wealth Management LLC now owns 301 shares of the company’s stock valued at $29,000 after acquiring an additional 457 shares during the last quarter. Tompkins Financial Corp bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the second quarter valued at about $36,000. Pacifica Partners Inc. increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 1,562.5% during the second quarter. Pacifica Partners Inc. now owns 399 shares of the company’s stock worth $38,000 after purchasing an additional 375 shares during the period. Finally, Russell Investments Group Ltd. grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 138.0% in the 2nd quarter. Russell Investments Group Ltd. now owns 545 shares of the company’s stock valued at $52,000 after buying an additional 316 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

SPYG opened at $105.99 on Friday. The stock has a fifty day moving average of $105.92 and a 200-day moving average of $100.57. The company has a market capitalization of $44.55 billion, a P/E ratio of 32.28 and a beta of 1.11. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $68.65 and a fifty-two week high of $109.63.

SPDR Portfolio S&P 500 Growth ETF Company 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).