Canandaigua National Bank & Trust Co. cut its holdings in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG – Free Report) by 1.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 591,567 shares of the company’s stock after selling 6,634 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF makes up about 6.5% of Canandaigua National Bank & Trust Co.’s investment portfolio, making the stock its 2nd biggest position. Canandaigua National Bank & Trust Co. owned about 0.13% of SPDR Portfolio S&P 500 Growth ETF worth $72,810,000 at the end of the most recent quarter.
Several other large investors have also made changes to their positions in SPYG. Envestnet Asset Management Inc. grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 10.5% during the second quarter. Envestnet Asset Management Inc. now owns 9,489,431 shares of the company’s stock worth $1,129,147,000 after purchasing an additional 903,774 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 4.7% in the 4th quarter. JPMorgan Chase & Co. now owns 5,768,335 shares of the company’s stock worth $615,481,000 after purchasing an additional 258,138 shares during the period. Valmark Advisers Inc. boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 4.8% in the 1st quarter. Valmark Advisers Inc. now owns 4,884,338 shares of the company’s stock worth $478,226,000 after purchasing an additional 223,140 shares during the period. The Manufacturers Life Insurance Company purchased a new stake in SPDR Portfolio S&P 500 Growth ETF during the 2nd quarter valued at approximately $375,859,000. Finally, Royal Bank of Canada grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 11.9% during the 1st quarter. Royal Bank of Canada now owns 2,786,235 shares of the company’s stock valued at $272,801,000 after buying an additional 297,196 shares in the last quarter.
SPDR Portfolio S&P 500 Growth ETF Price Performance
Shares of SPYG stock traded down $0.22 during mid-day trading on Wednesday, hitting $126.28. The company had a trading volume of 1,527,824 shares, compared to its average volume of 3,784,753. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $93.61 and a 52-week high of $127.13. The stock’s 50 day moving average price is $121.42 and its 200-day moving average price is $116.21. The company has a market capitalization of $58.13 billion, a P/E ratio of 32.28 and a beta of 1.17.
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.
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