SCS Capital Management LLC lowered its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG – Free Report) by 2.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,845,611 shares of the company’s stock after selling 52,772 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF accounts for about 2.1% of SCS Capital Management LLC’s investment portfolio, making the stock its 12th biggest position. SCS Capital Management LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $196,927,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. N.E.W. Advisory Services LLC increased its stake in SPDR Portfolio S&P 500 Growth ETF by 42.5% in the fourth quarter. N.E.W. Advisory Services LLC now owns 37,488 shares of the company’s stock valued at $4,000,000 after acquiring an additional 11,188 shares during the period. BIP Wealth LLC increased its stake in SPDR Portfolio S&P 500 Growth ETF by 24.7% in the fourth quarter. BIP Wealth LLC now owns 224,019 shares of the company’s stock valued at $23,903,000 after acquiring an additional 44,345 shares during the period. Fisher Asset Management LLC bought a new stake in SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at about $725,000. Gryphon Financial Partners LLC increased its stake in SPDR Portfolio S&P 500 Growth ETF by 465.1% in the fourth quarter. Gryphon Financial Partners LLC now owns 13,698 shares of the company’s stock valued at $1,462,000 after acquiring an additional 11,274 shares during the period. Finally, Caprock Group LLC bought a new stake in SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at about $3,006,000.
SPDR Portfolio S&P 500 Growth ETF Price Performance
NYSEARCA SPYG opened at $121.50 on Monday. The stock has a market cap of $53.54 billion, a P/E ratio of 32.28 and a beta of 1.17. The company’s 50-day simple moving average is $109.68 and its 200 day simple moving average is $107.06. SPDR Portfolio S&P 500 Growth ETF has a twelve month low of $88.59 and a twelve month high of $121.93.
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.
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