Wells Financial Advisors INC Has $1.17 Million Stock Position in SPDR Portfolio S&P 500 Growth ETF $SPYG

Wells Financial Advisors INC trimmed its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 45.3% during the first quarter, Holdings Channel.com reports. The institutional investor owned 11,965 shares of the company’s stock after selling 9,901 shares during the period. SPDR Portfolio S&P 500 Growth ETF accounts for 5.3% of Wells Financial Advisors INC’s investment portfolio, making the stock its 5th largest holding. Wells Financial Advisors INC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $1,171,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Scarborough Advisors LLC lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 5,964.1% in the 1st quarter. Scarborough Advisors LLC now owns 132,015 shares of the company’s stock valued at $12,926,000 after purchasing an additional 129,838 shares during the last quarter. Balefire LLC grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 2.0% during the first quarter. Balefire LLC now owns 32,683 shares of the company’s stock worth $3,200,000 after purchasing an additional 650 shares during the period. IMA Advisory Services Inc. increased its position in SPDR Portfolio S&P 500 Growth ETF by 142.7% during the first quarter. IMA Advisory Services Inc. now owns 34,547 shares of the company’s stock worth $3,383,000 after buying an additional 20,310 shares during the last quarter. Modera Wealth Management LLC increased its position in SPDR Portfolio S&P 500 Growth ETF by 2.0% during the first quarter. Modera Wealth Management LLC now owns 42,772 shares of the company’s stock worth $4,188,000 after buying an additional 842 shares during the last quarter. Finally, Advisortrust Partners LLC bought a new stake in SPDR Portfolio S&P 500 Growth ETF in the first quarter valued at approximately $90,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

SPYG opened at $116.25 on Monday. SPDR Portfolio S&P 500 Growth ETF has a 12-month low of $93.61 and a 12-month high of $122.92. The stock has a market cap of $51.32 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17. The business has a 50 day moving average of $118.34 and a 200-day moving average of $110.01.

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.