SPDR Portfolio S&P 500 Growth ETF $SPYG Stake Decreased by Shepherd Financial Partners LLC

Shepherd Financial Partners LLC cut its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 3.1% during the 3rd quarter, Holdings Channel.com reports. The fund owned 373,074 shares of the company’s stock after selling 12,112 shares during the period. SPDR Portfolio S&P 500 Growth ETF accounts for approximately 3.7% of Shepherd Financial Partners LLC’s portfolio, making the stock its 5th largest position. Shepherd Financial Partners LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $38,990,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. HighTower Advisors LLC grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 2.5% during the 3rd quarter. HighTower Advisors LLC now owns 2,373,083 shares of the company’s stock valued at $248,011,000 after buying an additional 57,888 shares during the period. Valpey Financial Services LLC boosted its holdings in SPDR Portfolio S&P 500 Growth ETF by 2.5% in the third quarter. Valpey Financial Services LLC now owns 7,651 shares of the company’s stock valued at $800,000 after acquiring an additional 190 shares during the last quarter. Camden National Bank grew its position in SPDR Portfolio S&P 500 Growth ETF by 13.1% during the third quarter. Camden National Bank now owns 21,503 shares of the company’s stock valued at $2,247,000 after acquiring an additional 2,485 shares during the period. IMA Advisory Services Inc. raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 19.8% in the 3rd quarter. IMA Advisory Services Inc. now owns 8,302 shares of the company’s stock worth $868,000 after purchasing an additional 1,370 shares during the period. Finally, Wedbush Securities Inc. raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 92.4% in the 3rd quarter. Wedbush Securities Inc. now owns 7,136 shares of the company’s stock worth $746,000 after purchasing an additional 3,427 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA:SPYG opened at $103.01 on Friday. The stock has a 50-day simple moving average of $106.67 and a 200-day simple moving average of $104.53. The stock has a market capitalization of $43.93 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.

SPDR Portfolio S&P 500 Growth ETF 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.