Investments & Financial Planning LLC Cuts Stake in SPDR Portfolio S&P 500 Growth ETF $SPYG

Investments & Financial Planning LLC cut its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 2.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 359,459 shares of the company’s stock after selling 10,400 shares during the period. SPDR Portfolio S&P 500 Growth ETF makes up 20.6% of Investments & Financial Planning LLC’s investment portfolio, making the stock its 2nd biggest holding. Investments & Financial Planning LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $38,354,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of SPYG. Brighton Jones LLC lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 6.9% in the fourth quarter. Brighton Jones LLC now owns 3,152 shares of the company’s stock worth $277,000 after buying an additional 204 shares during the last quarter. AQR Capital Management LLC raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 91.0% in the 1st quarter. AQR Capital Management LLC now owns 60,022 shares of the company’s stock valued at $4,824,000 after acquiring an additional 28,598 shares in the last quarter. Russell Investments Group Ltd. boosted its position in SPDR Portfolio S&P 500 Growth ETF by 138.0% during the second quarter. Russell Investments Group Ltd. now owns 545 shares of the company’s stock worth $52,000 after purchasing an additional 316 shares during the period. First Trust Advisors LP bought a new stake in SPDR Portfolio S&P 500 Growth ETF during the second quarter worth approximately $732,000. Finally, Gamco Investors INC. ET AL acquired a new position in SPDR Portfolio S&P 500 Growth ETF during the second quarter valued at approximately $357,000.

SPDR Portfolio S&P 500 Growth ETF Stock Up 1.7%

Shares of SPYG stock opened at $119.54 on Friday. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $90.21 and a 12 month high of $122.92. The company has a market cap of $52.68 billion, a PE ratio of 32.28 and a beta of 1.17. The business’s 50 day moving average is $115.32 and its two-hundred day moving average is $108.40.

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). 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.