SPDR Portfolio S&P 500 Growth ETF $SPYG Stock Holdings Lowered by Independent Wealth Network Inc.

Independent Wealth Network Inc. lessened its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 4.4% during the third quarter, HoldingsChannel reports. The firm owned 93,334 shares of the company’s stock after selling 4,275 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 largest position. Independent Wealth Network Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $11,488,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of SPYG. Halbert Hargrove Global Advisors LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at about $26,000. Financial Life Planners acquired a new position in SPDR Portfolio S&P 500 Growth ETF during the 1st quarter worth approximately $27,000. Indiana Trust & Investment Management Co acquired a new position in SPDR Portfolio S&P 500 Growth ETF during the 1st quarter worth approximately $27,000. Cornerstone Financial Management LLC acquired a new position in SPDR Portfolio S&P 500 Growth ETF during the 2nd quarter worth approximately $38,000. Finally, Davis Capital Management purchased a new position in SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter worth approximately $43,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

NYSEARCA SPYG traded up $1.32 on Monday, reaching $121.57. The company had a trading volume of 885,697 shares, compared to its average volume of 3,708,490. The firm has a market capitalization of $56.23 billion, a PE ratio of 32.28 and a beta of 1.17. SPDR Portfolio S&P 500 Growth ETF has a 1 year low of $93.61 and a 1 year high of $127.13. The firm has a 50-day moving average of $122.19 and a 200-day moving average of $117.68.

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.