SPDR Portfolio S&P 500 Growth ETF $SPYG Stake Trimmed by ERn Financial LLC

ERn Financial LLC cut its holdings in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 5.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 380,325 shares of the company’s stock after selling 20,875 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF accounts for 7.6% of ERn Financial LLC’s investment portfolio, making the stock its largest position. ERn Financial LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $40,581,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Fisher Asset Management LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at approximately $725,000. Caprock Group LLC acquired a new position in SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth approximately $3,006,000. Gilbert Capital Group Inc. acquired a new position in SPDR Portfolio S&P 500 Growth ETF during the 2nd quarter worth approximately $5,086,000. Gryphon Financial Partners LLC increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 465.1% in the 4th quarter. Gryphon Financial Partners LLC now owns 13,698 shares of the company’s stock valued at $1,462,000 after purchasing an additional 11,274 shares during the last quarter. Finally, Alta Wealth Advisors LLC increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 10.1% in the 3rd quarter. Alta Wealth Advisors LLC now owns 321,743 shares of the company’s stock valued at $33,625,000 after purchasing an additional 29,634 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Trading Up 4.1%

Shares of SPYG opened at $97.91 on Wednesday. The firm has a market capitalization of $41.76 billion, a price-to-earnings ratio of 32.28 and a beta of 1.11. The firm’s fifty day simple moving average is $103.36 and its 200-day simple moving average is $105.05. SPDR Portfolio S&P 500 Growth ETF has a twelve month low of $68.65 and a twelve month high of $109.63.

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.