NewEdge Advisors LLC Sells 106,164 Shares of SPDR Portfolio S&P 500 Growth ETF $SPYG

NewEdge Advisors LLC cut its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 32.5% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 220,215 shares of the company’s stock after selling 106,164 shares during the quarter. NewEdge Advisors LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $19,777,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently bought and sold shares of SPYG. United Financial Planning Group LLC acquired a new position in SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth $25,000. Hantz Financial Services Inc. grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 583.8% in the fourth quarter. Hantz Financial Services Inc. now owns 253 shares of the company’s stock valued at $27,000 after purchasing an additional 216 shares during the last quarter. Financial Life Planners acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the first quarter valued at about $27,000. Indiana Trust & Investment Management Co bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the first quarter worth about $27,000. Finally, New Millennium Group LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the fourth quarter worth about $29,000.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

NYSEARCA SPYG opened at $111.91 on Thursday. SPDR Portfolio S&P 500 Growth ETF has a twelve month low of $93.61 and a twelve month high of $122.92. The stock has a market capitalization of $49.50 billion, a PE ratio of 32.28 and a beta of 1.17. The stock has a 50-day simple moving average of $117.91 and a 200 day simple moving average of $110.47.

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). 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.