Cornerstone Wealth Group LLC decreased its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG – Free Report) by 96.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,867 shares of the company’s stock after selling 51,888 shares during the quarter. Cornerstone Wealth Group LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $183,000 at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in SPYG. Morgan Stanley grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 95.9% during the 4th quarter. Morgan Stanley now owns 16,219,528 shares of the company’s stock worth $1,730,624,000 after acquiring an additional 7,939,766 shares in the last quarter. Allworth Financial LP raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 8.7% in the 4th quarter. Allworth Financial LP now owns 12,384,946 shares of the company’s stock valued at $1,321,474,000 after purchasing an additional 990,106 shares in the last quarter. Valpey Financial Services LLC raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 8,907.1% in the 4th quarter. Valpey Financial Services LLC now owns 689,133 shares of the company’s stock valued at $73,530,000 after purchasing an additional 681,482 shares in the last quarter. Stifel Financial Corp raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 63.8% in the 4th quarter. Stifel Financial Corp now owns 1,729,269 shares of the company’s stock valued at $184,514,000 after purchasing an additional 673,790 shares in the last quarter. Finally, Benjamin Edwards Inc. lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 81.4% in the 4th quarter. Benjamin Edwards Inc. now owns 1,342,569 shares of the company’s stock worth $143,254,000 after purchasing an additional 602,485 shares during the period.
SPDR Portfolio S&P 500 Growth ETF Stock Performance
NYSEARCA SPYG opened at $118.99 on Wednesday. The firm’s 50 day moving average price is $116.92 and its 200-day moving average price is $108.95. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $93.61 and a 52-week high of $122.92. The company has a market cap of $52.43 billion, a PE 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.
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