Riversedge Advisors LLC Reduces Stock Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Riversedge Advisors LLC decreased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 1.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 362,947 shares of the company’s stock after selling 4,727 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF makes up 7.2% of Riversedge Advisors LLC’s holdings, making the stock its 3rd biggest position. Riversedge Advisors LLC owned about 0.11% of SPDR Portfolio S&P 500 Growth ETF worth $31,903,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. LPL Financial LLC grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 4.5% in the third quarter. LPL Financial LLC now owns 31,403,162 shares of the company’s stock valued at $2,604,578,000 after purchasing an additional 1,354,443 shares during the last quarter. Allworth Financial LP boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 1.9% in the 3rd quarter. Allworth Financial LP now owns 13,177,373 shares of the company’s stock valued at $1,092,931,000 after purchasing an additional 249,829 shares during the period. JPMorgan Chase & Co. boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 2.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,161,827 shares of the company’s stock valued at $428,122,000 after purchasing an additional 122,184 shares during the period. Valmark Advisers Inc. grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 2.4% in the 3rd quarter. Valmark Advisers Inc. now owns 4,638,687 shares of the company’s stock valued at $384,733,000 after buying an additional 107,423 shares in the last quarter. Finally, HB Wealth Management LLC increased its position in SPDR Portfolio S&P 500 Growth ETF by 1.3% during the 4th quarter. HB Wealth Management LLC now owns 4,634,594 shares of the company’s stock worth $393,827,000 after buying an additional 58,372 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of SPDR Portfolio S&P 500 Growth ETF stock opened at $89.89 on Friday. The firm has a 50-day moving average of $88.47 and a 200-day moving average of $83.74. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $65.51 and a 52-week high of $91.49. The stock has a market cap of $30.85 billion, a PE ratio of 27.22 and a beta of 1.14.

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).