Confluence Wealth Services Inc. Sells 13,760 Shares of SPDR Portfolio S&P 500 Growth ETF $SPYG

Confluence Wealth Services Inc. lessened its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 53.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,858 shares of the company’s stock after selling 13,760 shares during the quarter. Confluence Wealth Services Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $1,459,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPYG. Envestnet Asset Management Inc. lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 10.5% in the second quarter. Envestnet Asset Management Inc. now owns 9,489,431 shares of the company’s stock valued at $1,129,147,000 after buying an additional 903,774 shares during the period. Vantagepoint Investment Advisers LLC bought a new stake in SPDR Portfolio S&P 500 Growth ETF in the third quarter worth about $527,447,000. Orgel Wealth Management LLC lifted its holdings in SPDR Portfolio S&P 500 Growth ETF by 1.0% in the 3rd quarter. Orgel Wealth Management LLC now owns 3,432,643 shares of the company’s stock valued at $422,490,000 after acquiring an additional 34,234 shares during the last quarter. The Manufacturers Life Insurance Company acquired a new stake in SPDR Portfolio S&P 500 Growth ETF in the 2nd quarter valued at about $375,859,000. Finally, Kestra Investment Management LLC lifted its holdings in SPDR Portfolio S&P 500 Growth ETF by 3.3% in the 3rd quarter. Kestra Investment Management LLC now owns 3,017,788 shares of the company’s stock valued at $371,429,000 after acquiring an additional 97,567 shares during the last quarter.

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

NYSEARCA:SPYG opened at $116.18 on Thursday. SPDR Portfolio S&P 500 Growth ETF has a twelve month low of $93.61 and a twelve month high of $127.13. The company has a 50-day moving average of $120.89 and a 200-day moving average of $114.50. The firm has a market cap of $54.15 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17.

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). 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.