Signet Financial Management LLC Reduces Position in SPDR Portfolio S&P 500 Growth ETF $SPYG

Signet Financial Management LLC cut its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 2.0% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 338,792 shares of the company’s stock after selling 6,797 shares during the period. SPDR Portfolio S&P 500 Growth ETF comprises 4.1% of Signet Financial Management LLC’s portfolio, making the stock its biggest position. Signet Financial Management LLC owned 0.08% of SPDR Portfolio S&P 500 Growth ETF worth $35,407,000 at the end of the most recent reporting period.

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

SPDR Portfolio S&P 500 Growth ETF Stock Performance

SPYG stock opened at $104.02 on Thursday. SPDR Portfolio S&P 500 Growth ETF has a one year low of $68.65 and a one year high of $109.63. The firm has a market cap of $44.36 billion, a price-to-earnings ratio of 32.28 and a beta of 1.11. The firm has a 50-day simple moving average of $106.43 and a two-hundred day simple moving average of $104.65.

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.