SPDR Portfolio S&P 500 Growth ETF $SPYG Shares Sold by Sanchez Wealth Management Group

Sanchez Wealth Management Group trimmed its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 88.4% during the third quarter, Holdings Channel reports. The firm owned 12,058 shares of the company’s stock after selling 91,766 shares during the period. SPDR Portfolio S&P 500 Growth ETF comprises about 4.5% of Sanchez Wealth Management Group’s holdings, making the stock its 9th largest position. Sanchez Wealth Management Group’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $1,484,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Envestnet Asset Management Inc. boosted its position in SPDR Portfolio S&P 500 Growth ETF by 10.5% during 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 period. Valmark Advisers Inc. grew its stake in 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. Vantagepoint Investment Advisers LLC bought a new position in SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth $527,447,000. Orgel Wealth Management LLC grew its stake in 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. Finally, The Manufacturers Life Insurance Company bought a new position in SPDR Portfolio S&P 500 Growth ETF during the 2nd quarter worth $375,859,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of NYSEARCA SPYG opened at $117.97 on Thursday. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $93.61 and a 1-year high of $127.13. The business’s fifty day moving average price is $121.58 and its two-hundred day moving average price is $114.31. The firm has a market capitalization of $54.74 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.