SPDR Portfolio S&P 500 Growth ETF $SPYG Stake Decreased by Optas LLC

Optas LLC lowered its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 4.3% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 189,168 shares of the company’s stock after selling 8,445 shares during the period. SPDR Portfolio S&P 500 Growth ETF comprises approximately 3.4% of Optas LLC’s investment portfolio, making the stock its 8th biggest holding. Optas LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $19,770,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. Envestnet Asset Management Inc. boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 77.6% in the second quarter. Envestnet Asset Management Inc. now owns 10,227,943 shares of the company’s stock valued at $974,928,000 after acquiring an additional 4,470,135 shares during the last quarter. Symphony Financial Ltd. Co. raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 2,711.7% in the 2nd quarter. Symphony Financial Ltd. Co. now owns 3,236,291 shares of the company’s stock worth $308,404,000 after purchasing an additional 3,121,192 shares during the period. Truist Financial Corp lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 662.1% in the second quarter. Truist Financial Corp now owns 2,059,594 shares of the company’s stock valued at $196,320,000 after purchasing an additional 1,789,329 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 12.8% in the second quarter. Ameriprise Financial Inc. now owns 9,853,254 shares of the company’s stock valued at $938,988,000 after purchasing an additional 1,120,425 shares during the last quarter. Finally, Exchange Traded Concepts LLC bought a new position in SPDR Portfolio S&P 500 Growth ETF during the second quarter valued at $99,999,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

NYSEARCA:SPYG opened at $107.93 on Wednesday. The company has a market capitalization of $45.36 billion, a P/E ratio of 32.28 and a beta of 1.11. The business has a fifty day simple moving average of $106.12 and a two-hundred day simple moving average of $101.41. SPDR Portfolio S&P 500 Growth ETF has a 1 year low of $68.65 and a 1 year 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). 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.