KWB Wealth Sells 49,709 Shares of SPDR Portfolio S&P 500 Growth ETF $SPYG

KWB Wealth lowered its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 4.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 982,199 shares of the company’s stock after selling 49,709 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF makes up about 9.9% of KWB Wealth’s investment portfolio, making the stock its largest holding. KWB Wealth owned approximately 0.23% of SPDR Portfolio S&P 500 Growth ETF worth $104,801,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Fisher Asset Management LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the third quarter worth about $725,000. ERn Financial LLC increased its holdings in SPDR Portfolio S&P 500 Growth ETF by 1.5% in the third quarter. ERn Financial LLC now owns 401,200 shares of the company’s stock valued at $41,929,000 after buying an additional 6,031 shares during the last quarter. Caprock Group LLC bought a new stake in SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at about $3,006,000. Gilbert Capital Group Inc. acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the second quarter valued at approximately $5,086,000. Finally, Alta Wealth Advisors LLC raised its stake in SPDR Portfolio S&P 500 Growth ETF by 10.1% during the third quarter. Alta Wealth Advisors LLC now owns 321,743 shares of the company’s stock valued at $33,625,000 after buying an additional 29,634 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Up 1.1%

NYSEARCA:SPYG opened at $100.02 on Tuesday. The company has a market cap of $42.66 billion, a PE ratio of 32.28 and a beta of 1.11. The business’s 50 day moving average is $104.54 and its two-hundred day moving average is $105.25. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $68.65 and a 52 week 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.