PFG Private Wealth Management LLC Sells 35,438 Shares of SPDR Portfolio S&P 500 Growth ETF $SPYG

PFG Private Wealth Management LLC cut its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 14.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 206,213 shares of the company’s stock after selling 35,438 shares during the period. SPDR Portfolio S&P 500 Growth ETF makes up about 10.5% of PFG Private Wealth Management LLC’s holdings, making the stock its 2nd largest holding. PFG Private Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $24,537,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in SPYG. United Financial Planning Group LLC purchased a new position in SPDR Portfolio S&P 500 Growth ETF during the third quarter worth approximately $25,000. Hantz Financial Services Inc. boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 583.8% during the fourth 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 last quarter. Financial Life Planners purchased a new stake in SPDR Portfolio S&P 500 Growth ETF in the 1st quarter valued at $27,000. Indiana Trust & Investment Management Co purchased a new stake in SPDR Portfolio S&P 500 Growth ETF in the 1st quarter valued at $27,000. Finally, New Millennium Group LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 4th quarter worth $29,000.

SPDR Portfolio S&P 500 Growth ETF Stock Down 1.0%

NYSEARCA SPYG opened at $119.68 on Wednesday. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $93.61 and a 52 week high of $124.04. The business’s fifty day simple moving average is $118.94 and its 200-day simple moving average is $112.89. The firm has a market cap of $52.98 billion, a PE 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.