Modern Wealth Management LLC Sells 7,476 Shares of SPDR Portfolio S&P 500 Growth ETF $SPYG

Modern Wealth Management LLC cut its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 3.7% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 196,154 shares of the company’s stock after selling 7,476 shares during the period. Modern Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $20,500,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in SPYG. Providence Capital Advisors LLC increased its stake in SPDR Portfolio S&P 500 Growth ETF by 10.6% in the 3rd quarter. Providence Capital Advisors LLC now owns 1,010 shares of the company’s stock valued at $106,000 after buying an additional 97 shares during the last quarter. Valeo Financial Advisors LLC grew its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 0.3% in the 2nd quarter. Valeo Financial Advisors LLC now owns 31,788 shares of the company’s stock valued at $3,030,000 after acquiring an additional 98 shares in the last quarter. Flputnam Investment Management Co. increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 2.1% in the third quarter. Flputnam Investment Management Co. now owns 4,673 shares of the company’s stock valued at $488,000 after acquiring an additional 98 shares during the last quarter. Wilmington Savings Fund Society FSB increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 2.3% in the third quarter. Wilmington Savings Fund Society FSB now owns 4,416 shares of the company’s stock valued at $462,000 after acquiring an additional 100 shares during the last quarter. Finally, Voya Financial Advisors Inc. raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 0.6% during the third quarter. Voya Financial Advisors Inc. now owns 18,359 shares of the company’s stock worth $1,910,000 after acquiring an additional 106 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA SPYG opened at $102.12 on Friday. The stock has a 50 day moving average price of $105.76 and a 200 day moving average price of $104.98. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $68.65 and a 52 week high of $109.63. The stock has a market capitalization of $43.55 billion, a PE ratio of 32.28 and a beta of 1.11.

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.