Sequent Asset Management LLC Has $10.47 Million Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Sequent Asset Management LLC lifted its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 2.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 119,053 shares of the company’s stock after buying an additional 2,298 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF makes up 5.2% of Sequent Asset Management LLC’s portfolio, making the stock its 3rd biggest position. Sequent Asset Management LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $10,465,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of SPYG. Franklin Resources Inc. increased its position in SPDR Portfolio S&P 500 Growth ETF by 132.3% in the third quarter. Franklin Resources Inc. now owns 13,196 shares of the company’s stock worth $1,118,000 after buying an additional 7,516 shares during the period. Fifth Third Wealth Advisors LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 4th quarter worth about $200,000. AdvisorNet Financial Inc lifted its position in SPDR Portfolio S&P 500 Growth ETF by 11.5% in the 4th quarter. AdvisorNet Financial Inc now owns 9,863 shares of the company’s stock valued at $867,000 after purchasing an additional 1,019 shares during the last quarter. Tallon Kerry Patrick acquired a new position in SPDR Portfolio S&P 500 Growth ETF during the 4th quarter valued at about $268,000. Finally, Redwood Investment Management LLC boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 128.0% during the 3rd quarter. Redwood Investment Management LLC now owns 64,176 shares of the company’s stock valued at $5,395,000 after purchasing an additional 36,033 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Trading Down 0.5 %

Shares of NYSEARCA:SPYG opened at $90.20 on Monday. The firm’s 50 day moving average is $89.31 and its two-hundred day moving average is $84.29. The firm has a market capitalization of $30.96 billion, a P/E ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $66.89 and a 52 week high of $92.76.

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).