Wrapmanager Inc. cut its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG – Free Report) by 17.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 91,569 shares of the company’s stock after selling 19,159 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF makes up about 3.3% of Wrapmanager Inc.’s holdings, making the stock its 8th biggest position. Wrapmanager Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $9,770,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC raised its position in SPDR Portfolio S&P 500 Growth ETF by 6.9% in the fourth quarter. Brighton Jones LLC now owns 3,152 shares of the company’s stock worth $277,000 after acquiring an additional 204 shares during the period. AQR Capital Management LLC raised its position in SPDR Portfolio S&P 500 Growth ETF by 91.0% in the first quarter. AQR Capital Management LLC now owns 60,022 shares of the company’s stock worth $4,824,000 after acquiring an additional 28,598 shares during the period. Russell Investments Group Ltd. raised its position in SPDR Portfolio S&P 500 Growth ETF by 138.0% in the second quarter. Russell Investments Group Ltd. now owns 545 shares of the company’s stock worth $52,000 after acquiring an additional 316 shares during the period. First Trust Advisors LP bought a new stake in SPDR Portfolio S&P 500 Growth ETF in the second quarter worth about $732,000. Finally, Gamco Investors INC. ET AL bought a new stake in SPDR Portfolio S&P 500 Growth ETF in the second quarter worth about $357,000.
SPDR Portfolio S&P 500 Growth ETF Stock Performance
Shares of SPYG stock opened at $118.28 on Friday. The firm has a market cap of $52.12 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $87.22 and a 52 week high of $120.42. The firm’s 50-day simple moving average is $107.58 and its two-hundred day simple moving average is $106.52.
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.
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