SPDR Portfolio S&P 500 Growth ETF $SPYG Stock Holdings Reduced by HB Wealth Management LLC

HB Wealth Management LLC reduced its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 42.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,767,124 shares of the company’s stock after selling 2,014,808 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF accounts for approximately 1.6% of HB Wealth Management LLC’s portfolio, making the stock its 10th largest holding. HB Wealth Management LLC owned 0.63% of SPDR Portfolio S&P 500 Growth ETF worth $251,314,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Morgan Stanley boosted its position in SPDR Portfolio S&P 500 Growth ETF by 95.9% during the fourth quarter. Morgan Stanley now owns 16,219,528 shares of the company’s stock worth $1,730,624,000 after purchasing an additional 7,939,766 shares in the last quarter. Allworth Financial LP increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 8.7% in the fourth quarter. Allworth Financial LP now owns 12,384,946 shares of the company’s stock valued at $1,321,474,000 after buying an additional 990,106 shares in the last quarter. Valpey Financial Services LLC increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 8,907.1% in the fourth quarter. Valpey Financial Services LLC now owns 689,133 shares of the company’s stock valued at $73,530,000 after buying an additional 681,482 shares in the last quarter. Stifel Financial Corp increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 63.8% in the fourth quarter. Stifel Financial Corp now owns 1,729,269 shares of the company’s stock valued at $184,514,000 after buying an additional 673,790 shares in the last quarter. Finally, Benjamin Edwards Inc. raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 81.4% during the 4th quarter. Benjamin Edwards Inc. now owns 1,342,569 shares of the company’s stock worth $143,254,000 after buying an additional 602,485 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Price Performance

SPDR Portfolio S&P 500 Growth ETF stock opened at $117.20 on Friday. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $93.61 and a 52 week high of $122.92. The firm’s 50-day simple moving average is $117.34 and its 200 day simple moving average is $109.16. The firm has a market capitalization of $52.07 billion, a PE ratio of 32.28 and a beta of 1.17.

SPDR Portfolio S&P 500 Growth ETF Company 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.