Horizon Wealth Management LLC Sells 2,645 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Horizon Wealth Management LLC lowered its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 1.2% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 224,828 shares of the company’s stock after selling 2,645 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises 3.0% of Horizon Wealth Management LLC’s portfolio, making the stock its 12th biggest holding. Horizon Wealth Management LLC owned 0.06% of SPDR Portfolio S&P 500 Growth ETF worth $18,069,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Envestnet Asset Management Inc. raised its stake in SPDR Portfolio S&P 500 Growth ETF by 176.9% during the 4th quarter. Envestnet Asset Management Inc. now owns 16,832,670 shares of the company’s stock valued at $1,479,592,000 after purchasing an additional 10,754,386 shares during the period. Raymond James Financial Inc. bought a new stake in SPDR Portfolio S&P 500 Growth ETF during the 4th quarter valued at approximately $323,542,000. Clark Capital Management Group Inc. raised its stake in SPDR Portfolio S&P 500 Growth ETF by 148,942.8% during the 4th quarter. Clark Capital Management Group Inc. now owns 3,614,288 shares of the company’s stock valued at $317,696,000 after purchasing an additional 3,611,863 shares during the period. Dynasty Wealth Management LLC bought a new stake in SPDR Portfolio S&P 500 Growth ETF during the 4th quarter valued at approximately $311,395,000. Finally, Connecticut Wealth Management LLC raised its stake in SPDR Portfolio S&P 500 Growth ETF by 194.9% during the 4th quarter. Connecticut Wealth Management LLC now owns 4,210,466 shares of the company’s stock valued at $370,100,000 after purchasing an additional 2,782,724 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Trading Up 1.0%

Shares of SPYG opened at $91.43 on Friday. The business’s 50 day moving average is $83.27 and its 200 day moving average is $86.26. The company has a market capitalization of $35.33 billion, a PE ratio of 29.85 and a beta of 1.12. SPDR Portfolio S&P 500 Growth ETF has a 12-month low of $68.65 and a 12-month high of $92.76.

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).