SPDR Portfolio S&P 500 Growth ETF $SPYG Shares Sold by Independent Wealth Network Inc.

Independent Wealth Network Inc. lessened its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 20.5% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 98,810 shares of the company’s stock after selling 25,440 shares during the period. SPDR Portfolio S&P 500 Growth ETF accounts for 2.9% of Independent Wealth Network Inc.’s portfolio, making the stock its 4th biggest holding. Independent Wealth Network Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $9,675,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of the stock. Optiver Holding B.V. bought a new stake in SPDR Portfolio S&P 500 Growth ETF during the third quarter worth approximately $25,000. United Financial Planning Group LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF in the third quarter worth approximately $25,000. Financial Life Planners bought a new position in SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter valued at $26,000. Hantz Financial Services Inc. boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 583.8% during the 4th quarter. Hantz Financial Services Inc. now owns 253 shares of the company’s stock valued at $27,000 after purchasing an additional 216 shares in the last quarter. Finally, New Millennium Group LLC bought a new position in SPDR Portfolio S&P 500 Growth ETF during the 4th quarter valued at $29,000.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of SPYG stock opened at $115.53 on Friday. SPDR Portfolio S&P 500 Growth ETF has a 1 year low of $93.47 and a 1 year high of $122.92. The business’s fifty day moving average is $116.50 and its 200-day moving average is $108.75. The stock has a market cap of $50.91 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.