Potentia Wealth Decreases Stock Holdings in SPDR Portfolio S&P 500 Growth ETF $SPYG

Potentia Wealth trimmed its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 69.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,467 shares of the company’s stock after selling 26,528 shares during the period. SPDR Portfolio S&P 500 Growth ETF accounts for 0.6% of Potentia Wealth’s holdings, making the stock its 20th biggest position. Potentia Wealth’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $1,093,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the stock. Envestnet Asset Management Inc. boosted its holdings in SPDR Portfolio S&P 500 Growth ETF by 77.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 10,227,943 shares of the company’s stock worth $974,928,000 after buying an additional 4,470,135 shares during the last quarter. Symphony Financial Ltd. Co. lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 2,711.7% in the second quarter. Symphony Financial Ltd. Co. now owns 3,236,291 shares of the company’s stock valued at $308,404,000 after acquiring an additional 3,121,192 shares in the last quarter. Truist Financial Corp boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 662.1% in the second quarter. Truist Financial Corp now owns 2,059,594 shares of the company’s stock worth $196,320,000 after acquiring an additional 1,789,329 shares during the last quarter. Exchange Traded Concepts LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the second quarter worth approximately $99,999,000. Finally, SCS Capital Management LLC raised its stake in SPDR Portfolio S&P 500 Growth ETF by 94.1% in the 1st quarter. SCS Capital Management LLC now owns 1,793,264 shares of the company’s stock valued at $144,125,000 after purchasing an additional 869,311 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of SPYG stock opened at $107.42 on Wednesday. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $68.65 and a fifty-two week high of $109.63. The stock’s fifty day moving average is $105.79 and its two-hundred day moving average is $100.27. The firm has a market capitalization of $45.15 billion, a P/E ratio of 32.28 and a beta of 1.11.

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).