Diversified Management Inc. Has $622,000 Stock Holdings in SPDR Portfolio S&P 500 Growth ETF $SPYG

Diversified Management Inc. decreased its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 62.1% in the 2nd quarter, Holdings Channel.com reports. The fund owned 5,230 shares of the company’s stock after selling 8,552 shares during the quarter. Diversified Management Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $622,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. N.E.W. Advisory Services LLC grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 42.5% in the fourth quarter. N.E.W. Advisory Services LLC now owns 37,488 shares of the company’s stock valued at $4,000,000 after buying an additional 11,188 shares in the last quarter. Meridian Wealth Management LLC increased its holdings in SPDR Portfolio S&P 500 Growth ETF by 49.7% during the fourth quarter. Meridian Wealth Management LLC now owns 94,548 shares of the company’s stock worth $10,088,000 after buying an additional 31,383 shares during the last quarter. Sightline Wealth Advisors LLC increased its holdings in SPDR Portfolio S&P 500 Growth ETF by 17.4% during the fourth quarter. Sightline Wealth Advisors LLC now owns 44,368 shares of the company’s stock worth $4,734,000 after buying an additional 6,575 shares during the last quarter. SmartHarvest Portfolios LLC bought a new stake in SPDR Portfolio S&P 500 Growth ETF during the fourth quarter worth $609,000. Finally, Hamilton Capital Partners LLC raised its position in SPDR Portfolio S&P 500 Growth ETF by 26.5% during the first quarter. Hamilton Capital Partners LLC now owns 72,957 shares of the company’s stock worth $7,143,000 after acquiring an additional 15,300 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of SPYG stock opened at $121.99 on Wednesday. The company has a fifty day moving average price of $118.02 and a two-hundred day moving average price of $111.34. SPDR Portfolio S&P 500 Growth ETF has a one year low of $93.61 and a one year high of $124.04. The stock has a market cap of $54.00 billion, a P/E ratio of 32.28 and a beta of 1.17.

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.