American Financial & Tax Strategies Inc. Has $6.47 Million Stock Holdings in SPDR Portfolio S&P 500 Growth ETF $SPYG

American Financial & Tax Strategies Inc. cut its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 9.7% in the 3rd quarter, Holdings Channel reports. The fund owned 61,929 shares of the company’s stock after selling 6,681 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises about 3.2% of American Financial & Tax Strategies Inc.’s holdings, making the stock its 7th largest position. American Financial & Tax Strategies Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $6,472,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in SPYG. Allworth Financial LP boosted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 1.2% in the 2nd quarter. Allworth Financial LP now owns 11,348,851 shares of the company’s stock worth $1,081,773,000 after purchasing an additional 131,104 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in SPDR Portfolio S&P 500 Growth ETF by 77.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 10,227,943 shares of the company’s stock worth $974,928,000 after buying an additional 4,470,135 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 12.8% in the second quarter. Ameriprise Financial Inc. now owns 9,853,254 shares of the company’s stock worth $938,988,000 after buying an additional 1,120,425 shares in the last quarter. JPMorgan Chase & Co. grew its position in SPDR Portfolio S&P 500 Growth ETF by 3.6% during the second quarter. JPMorgan Chase & Co. now owns 5,642,681 shares of the company’s stock valued at $537,860,000 after acquiring an additional 198,401 shares during the last quarter. Finally, Orgel Wealth Management LLC grew its position in SPDR Portfolio S&P 500 Growth ETF by 5.5% during the second quarter. Orgel Wealth Management LLC now owns 3,895,752 shares of the company’s stock valued at $371,343,000 after acquiring an additional 202,804 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of SPYG opened at $107.64 on Tuesday. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $68.65 and a fifty-two week high of $109.63. The firm has a market cap of $45.24 billion, a price-to-earnings ratio of 32.28 and a beta of 1.11. The firm has a 50 day moving average price of $106.42 and a 200-day moving average price of $101.87.

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.