Colton Groome Financial Advisors LLC Sells 6,700 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Colton Groome Financial Advisors LLC trimmed its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 11.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 53,211 shares of the company’s stock after selling 6,700 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF makes up 1.8% of Colton Groome Financial Advisors LLC’s portfolio, making the stock its 12th largest position. Colton Groome Financial Advisors LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $4,677,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in SPYG. Franklin Resources Inc. boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 132.3% during the third quarter. Franklin Resources Inc. now owns 13,196 shares of the company’s stock valued at $1,118,000 after buying an additional 7,516 shares during the period. Fifth Third Wealth Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 4th quarter valued at about $200,000. AdvisorNet Financial Inc boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 11.5% during the 4th quarter. AdvisorNet Financial Inc now owns 9,863 shares of the company’s stock valued at $867,000 after acquiring an additional 1,019 shares during the last quarter. Tallon Kerry Patrick bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the fourth quarter worth approximately $268,000. Finally, Breakwater Capital Group raised its stake in SPDR Portfolio S&P 500 Growth ETF by 11.6% in the third quarter. Breakwater Capital Group now owns 90,068 shares of the company’s stock valued at $7,470,000 after purchasing an additional 9,335 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

SPDR Portfolio S&P 500 Growth ETF stock opened at $90.51 on Thursday. 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. The firm’s fifty day moving average price is $89.07 and its 200-day moving average price is $84.14. The stock has a market cap of $31.07 billion, a P/E ratio of 27.22 and a beta of 1.14.

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).