Private Advisor Group LLC Trims Stake in SPDR Portfolio S&P 500 Growth ETF $SPYG

Private Advisor Group LLC reduced its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 15.4% during the third quarter, Holdings Channel.com reports. The firm owned 2,068,650 shares of the company’s stock after selling 375,882 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF accounts for approximately 1.1% of Private Advisor Group LLC’s holdings, making the stock its 11th largest position. Private Advisor Group LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $216,195,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of SPYG. Brighton Jones LLC raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 6.9% in the fourth quarter. Brighton Jones LLC now owns 3,152 shares of the company’s stock worth $277,000 after buying an additional 204 shares during the period. AQR Capital Management LLC grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 91.0% during the 1st quarter. AQR Capital Management LLC now owns 60,022 shares of the company’s stock valued at $4,824,000 after acquiring an additional 28,598 shares during the period. Bank of Montreal Can increased its holdings in SPDR Portfolio S&P 500 Growth ETF by 6.9% in the 2nd quarter. Bank of Montreal Can now owns 23,207 shares of the company’s stock worth $2,212,000 after acquiring an additional 1,508 shares in the last quarter. Wedbush Securities Inc. increased its holdings in SPDR Portfolio S&P 500 Growth ETF by 40.4% in the 2nd quarter. Wedbush Securities Inc. now owns 3,709 shares of the company’s stock worth $354,000 after acquiring an additional 1,068 shares in the last quarter. Finally, Bensler LLC bought a new stake in SPDR Portfolio S&P 500 Growth ETF during the 2nd quarter worth approximately $200,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of NYSEARCA:SPYG opened at $102.12 on Monday. The company has a market capitalization of $43.55 billion, a P/E ratio of 32.28 and a beta of 1.11. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $68.65 and a 1-year high of $109.63. The firm’s 50 day simple moving average is $105.76 and its two-hundred day simple moving average is $105.07.

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.