First National Trust Co Sells 27,650 Shares of SPDR Portfolio S&P 500 Growth ETF $SPYG

First National Trust Co cut its holdings in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 2.3% in the third quarter, HoldingsChannel reports. The firm owned 1,174,652 shares of the company’s stock after selling 27,650 shares during the period. SPDR Portfolio S&P 500 Growth ETF accounts for about 4.2% of First National Trust Co’s holdings, making the stock its 2nd biggest holding. First National Trust Co’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $122,763,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SPYG. Allworth Financial LP grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 1.2% during the second quarter. Allworth Financial LP now owns 11,348,851 shares of the company’s stock worth $1,081,773,000 after acquiring an additional 131,104 shares during the period. Envestnet Asset Management Inc. boosted its position in SPDR Portfolio S&P 500 Growth ETF by 7.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 10,982,338 shares of the company’s stock worth $1,147,764,000 after purchasing an additional 754,395 shares in the last quarter. Ameriprise Financial Inc. grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 12.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 9,853,254 shares of the company’s stock worth $938,988,000 after purchasing an additional 1,120,425 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 3.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 5,642,681 shares of the company’s stock valued at $537,860,000 after purchasing an additional 198,401 shares in the last quarter. Finally, HB Wealth Management LLC lifted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 9.2% in the 3rd quarter. HB Wealth Management LLC now owns 4,769,364 shares of the company’s stock valued at $479,781,000 after purchasing an additional 402,591 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA SPYG opened at $106.09 on Tuesday. The company has a market capitalization of $45.25 billion, a PE ratio of 32.28 and a beta of 1.11. The company’s fifty day moving average price is $106.91 and its 200 day moving average price is $104.41. SPDR Portfolio S&P 500 Growth ETF has a 1 year low of $68.65 and a 1 year high of $109.63.

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.