New Century Financial Group LLC Decreases Stock Holdings in SPDR Portfolio S&P 500 Growth ETF $SPYG

New Century Financial Group LLC cut its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 81.5% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,880 shares of the company’s stock after selling 25,822 shares during the period. New Century Financial Group LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $560,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Tempus Wealth Planning LLC grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 0.9% in the 1st quarter. Tempus Wealth Planning LLC now owns 13,218 shares of the company’s stock valued at $1,062,000 after buying an additional 121 shares in the last quarter. Mustard Seed Financial LLC boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 4.9% during the 1st quarter. Mustard Seed Financial LLC now owns 2,788 shares of the company’s stock valued at $224,000 after acquiring an additional 129 shares during the last quarter. Nova Wealth Management Inc. increased its position in SPDR Portfolio S&P 500 Growth ETF by 12.1% during the second quarter. Nova Wealth Management Inc. now owns 1,200 shares of the company’s stock worth $114,000 after purchasing an additional 130 shares during the last quarter. ProVise Management Group LLC raised its stake in SPDR Portfolio S&P 500 Growth ETF by 2.5% during the first quarter. ProVise Management Group LLC now owns 5,464 shares of the company’s stock worth $439,000 after purchasing an additional 132 shares during the period. Finally, Ironwood Wealth Management LLC. boosted its holdings in SPDR Portfolio S&P 500 Growth ETF by 3.7% in the 1st quarter. Ironwood Wealth Management LLC. now owns 4,250 shares of the company’s stock valued at $342,000 after purchasing an additional 153 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Price Performance

SPDR Portfolio S&P 500 Growth ETF stock opened at $105.14 on Friday. The firm has a 50 day simple moving average of $100.92 and a 200-day simple moving average of $91.88. The stock has a market cap of $42.06 billion, a price-to-earnings 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 $105.58.

About SPDR Portfolio S&P 500 Growth ETF

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).