Bay Capital Advisors LLC Lowers Stock Holdings in SPDR Portfolio S&P 500 Growth ETF $SPYG

Bay Capital Advisors LLC reduced its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 4.8% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 11,728 shares of the company’s stock after selling 589 shares during the period. SPDR Portfolio S&P 500 Growth ETF comprises approximately 0.9% of Bay Capital Advisors LLC’s holdings, making the stock its 24th biggest holding. Bay Capital Advisors LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $1,118,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SPYG. Exchange Traded Concepts LLC acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the 2nd quarter valued at $99,999,000. SCS Capital Management LLC lifted its holdings in SPDR Portfolio S&P 500 Growth ETF by 94.1% in the 1st quarter. SCS Capital Management LLC now owns 1,793,264 shares of the company’s stock worth $144,125,000 after buying an additional 869,311 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in SPDR Portfolio S&P 500 Growth ETF by 7.2% in the 1st quarter. Ameriprise Financial Inc. now owns 8,732,829 shares of the company’s stock worth $701,653,000 after buying an additional 583,587 shares in the last quarter. HighTower Advisors LLC increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 33.5% in the 1st quarter. HighTower Advisors LLC now owns 2,207,192 shares of the company’s stock worth $177,392,000 after purchasing an additional 553,803 shares during the last quarter. Finally, Orgel Wealth Management LLC increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 11.6% in the 1st quarter. Orgel Wealth Management LLC now owns 3,692,948 shares of the company’s stock worth $296,802,000 after purchasing an additional 382,969 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

SPYG opened at $105.31 on Tuesday. The company has a 50-day moving average of $99.80 and a 200-day moving average of $90.75. The company has a market capitalization of $42.12 billion, a P/E ratio of 32.28 and a beta of 1.05. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $68.65 and a 1-year high of $105.41.

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).