KWB Wealth Lowers Stock Holdings in SPDR Portfolio S&P 500 Growth ETF $SPYG

KWB Wealth reduced its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 12.0% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 798,372 shares of the company’s stock after selling 108,504 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises approximately 8.1% of KWB Wealth’s portfolio, making the stock its 2nd biggest holding. KWB Wealth’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $94,998,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in SPYG. 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. Hantz Financial Services Inc. boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 583.8% in the fourth quarter. Hantz Financial Services Inc. now owns 253 shares of the company’s stock valued at $27,000 after buying an additional 216 shares during the period. Financial Life Planners bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the first quarter valued at approximately $27,000. Indiana Trust & Investment Management Co acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the first quarter worth approximately $27,000. Finally, New Millennium Group LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the fourth quarter worth approximately $29,000.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA SPYG opened at $122.73 on Tuesday. The stock has a market capitalization of $54.33 billion, a P/E ratio of 32.28 and a beta of 1.17. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $93.61 and a 52 week high of $124.04. The stock’s fifty day moving average is $118.03 and its 200 day moving average is $111.23.

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.