Gateway Wealth Partners LLC Reduces Stock Holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Gateway Wealth Partners LLC cut its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 3.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 23,444 shares of the company’s stock after selling 791 shares during the period. Gateway Wealth Partners LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $2,061,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Brown Brothers Harriman & Co. purchased a new stake in SPDR Portfolio S&P 500 Growth ETF during the third quarter worth $36,000. Valued Wealth Advisors LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF during the fourth quarter worth $41,000. Costello Asset Management INC boosted its holdings in SPDR Portfolio S&P 500 Growth ETF by 58.0% during the third quarter. Costello Asset Management INC now owns 545 shares of the company’s stock worth $45,000 after buying an additional 200 shares in the last quarter. Urban Financial Advisory Corp purchased a new stake in SPDR Portfolio S&P 500 Growth ETF during the third quarter worth $45,000. Finally, West Branch Capital LLC boosted its holdings in SPDR Portfolio S&P 500 Growth ETF by 916.1% during the fourth quarter. West Branch Capital LLC now owns 569 shares of the company’s stock worth $50,000 after buying an additional 513 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

NYSEARCA:SPYG opened at $90.46 on Wednesday. The company has a fifty day moving average of $88.99 and a two-hundred day moving average of $84.09. The stock has a market capitalization of $31.05 billion, a PE ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $66.89 and a fifty-two week high of $92.76.

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).