NewEdge Advisors LLC Has $19.78 Million Stock Position in SPDR Portfolio S&P 500 Growth ETF $SPYG

NewEdge Advisors LLC lowered its holdings in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 32.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 220,215 shares of the company’s stock after selling 106,164 shares during the quarter. NewEdge Advisors LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $19,777,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Whittier Trust Co. boosted its holdings in SPDR Portfolio S&P 500 Growth ETF by 10.2% in the fourth quarter. Whittier Trust Co. now owns 1,040 shares of the company’s stock worth $112,000 after purchasing an additional 96 shares in the last quarter. SmartHarvest Portfolios LLC raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 1.7% during the first quarter. SmartHarvest Portfolios LLC now owns 5,804 shares of the company’s stock valued at $568,000 after buying an additional 96 shares in the last quarter. Thoroughbred Financial Services LLC raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 0.6% during the fourth quarter. Thoroughbred Financial Services LLC now owns 17,381 shares of the company’s stock valued at $1,854,000 after buying an additional 99 shares in the last quarter. Pathstone Holdings LLC lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 0.4% in the third quarter. Pathstone Holdings LLC now owns 22,934 shares of the company’s stock worth $2,397,000 after buying an additional 102 shares during the last quarter. Finally, Fiduciary Group LLC lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 3.4% in the fourth quarter. Fiduciary Group LLC now owns 3,109 shares of the company’s stock worth $332,000 after buying an additional 103 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

SPYG opened at $111.91 on Thursday. The company has a market cap of $49.50 billion, a PE ratio of 32.28 and a beta of 1.17. The stock has a 50-day moving average of $117.91 and a 200-day moving average of $110.47. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $93.61 and a 52-week high of $122.92.

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.