SPDR Portfolio S&P 500 Growth ETF $SPYG Stock: Simplicity Wealth LLC Lowers Holdings

Simplicity Wealth LLC cut its holdings in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 30.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 120,302 shares of the company’s stock after selling 52,835 shares during the period. Simplicity Wealth LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $14,807,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 10.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 9,489,431 shares of the company’s stock valued at $1,129,147,000 after purchasing an additional 903,774 shares during the last quarter. Valmark Advisers Inc. lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 4.8% during the 1st quarter. Valmark Advisers Inc. now owns 4,884,338 shares of the company’s stock worth $478,226,000 after buying an additional 223,140 shares during the last quarter. Orgel Wealth Management LLC lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 1.0% during the 3rd quarter. Orgel Wealth Management LLC now owns 3,432,643 shares of the company’s stock worth $422,490,000 after buying an additional 34,234 shares during the last quarter. The Manufacturers Life Insurance Company acquired a new stake in SPDR Portfolio S&P 500 Growth ETF in the second quarter valued at about $375,859,000. Finally, NorthRock Partners LLC boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 6.0% in the second quarter. NorthRock Partners LLC now owns 2,326,724 shares of the company’s stock valued at $276,857,000 after buying an additional 132,109 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Down 0.5%

SPDR Portfolio S&P 500 Growth ETF stock opened at $118.16 on Friday. SPDR Portfolio S&P 500 Growth ETF has a 12-month low of $93.61 and a 12-month high of $127.13. The business’s 50-day moving average price is $121.95 and its two-hundred day moving average price is $118.30. The stock has a market cap of $54.70 billion, a PE ratio of 32.28 and a beta of 1.17.

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.