SPDR Portfolio S&P 500 Growth ETF $SPYG Stock Position Lessened by MidAtlantic Capital Management Inc.

MidAtlantic Capital Management Inc. cut its holdings in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 14.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 44,545 shares of the company’s stock after selling 7,443 shares during the period. SPDR Portfolio S&P 500 Growth ETF accounts for about 3.0% of MidAtlantic Capital Management Inc.’s holdings, making the stock its 8th biggest position. MidAtlantic Capital Management Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $4,753,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Optiver Holding B.V. purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the third quarter worth approximately $25,000. United Financial Planning Group LLC purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the third quarter worth approximately $25,000. Financial Life Planners purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the third quarter worth approximately $26,000. Hantz Financial Services Inc. grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 583.8% during the fourth quarter. Hantz Financial Services Inc. now owns 253 shares of the company’s stock worth $27,000 after acquiring an additional 216 shares during the last quarter. Finally, New Millennium Group LLC purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the fourth quarter worth approximately $29,000.

SPDR Portfolio S&P 500 Growth ETF Trading Down 0.0%

Shares of SPYG opened at $119.72 on Thursday. SPDR Portfolio S&P 500 Growth ETF has a 12-month low of $88.59 and a 12-month high of $120.42. The company’s 50 day simple moving average is $108.92 and its 200-day simple moving average is $106.86. The firm has a market cap of $52.75 billion, a PE ratio of 32.28 and a beta of 1.17.

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.