SPDR Portfolio S&P 500 Growth ETF $SPYG Stock: Sanchez Wealth Management Group Decreases Holdings

Sanchez Wealth Management Group reduced its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 88.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,058 shares of the company’s stock after selling 91,766 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF makes up about 4.5% of Sanchez Wealth Management Group’s investment portfolio, making the stock its 9th biggest holding. Sanchez Wealth Management Group’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $1,484,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Crown Wealth Group LLC increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 2.4% in the 3rd quarter. Crown Wealth Group LLC now owns 3,675 shares of the company’s stock valued at $452,000 after acquiring an additional 86 shares during the last quarter. Snider Financial Group lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 2.8% during the third quarter. Snider Financial Group now owns 3,382 shares of the company’s stock worth $416,000 after purchasing an additional 93 shares during the last quarter. Atticus Wealth Management LLC lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 0.3% during the third quarter. Atticus Wealth Management LLC now owns 31,966 shares of the company’s stock worth $3,934,000 after purchasing an additional 100 shares during the last quarter. Ballast Financial Advisors LLC boosted its holdings in SPDR Portfolio S&P 500 Growth ETF by 5.7% in the third quarter. Ballast Financial Advisors LLC now owns 1,881 shares of the company’s stock worth $232,000 after purchasing an additional 101 shares during the period. Finally, Gilpin Wealth Management LLC boosted its holdings in SPDR Portfolio S&P 500 Growth ETF by 3.1% in the third quarter. Gilpin Wealth Management LLC now owns 3,460 shares of the company’s stock worth $426,000 after purchasing an additional 105 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Price Performance

SPYG stock opened at $117.97 on Thursday. The firm has a market cap of $54.74 billion, a price-to-earnings 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 fifty day moving average price of $121.58 and a two-hundred day moving average price of $114.31.

SPDR Portfolio S&P 500 Growth ETF 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.