PAX Financial Group LLC Sells 12,948 Shares of SPDR Portfolio S&P 500 Growth ETF $SPYG

PAX Financial Group LLC cut its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 26.4% in the first quarter, Holdings Channel reports. The firm owned 36,182 shares of the company’s stock after selling 12,948 shares during the quarter. PAX Financial Group LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $3,543,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. United Financial Planning Group LLC bought a new position in SPDR Portfolio S&P 500 Growth ETF during the third quarter worth about $25,000. Financial Life Planners acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth about $26,000. Hantz Financial Services Inc. grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 583.8% during the 4th quarter. Hantz Financial Services Inc. now owns 253 shares of the company’s stock worth $27,000 after buying an additional 216 shares during the period. New Millennium Group LLC bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 4th quarter valued at about $29,000. Finally, Greenline Wealth Management LLC bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 4th quarter valued at about $31,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of NYSEARCA:SPYG opened at $117.20 on Friday. The firm’s 50 day simple moving average is $117.34 and its 200 day simple moving average is $109.16. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $93.61 and a fifty-two week high of $122.92. The company has a market capitalization of $52.07 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.