SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) Shares Sold by IFP Advisors Inc

IFP Advisors Inc trimmed its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 27.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 47,900 shares of the company’s stock after selling 18,372 shares during the period. IFP Advisors Inc’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $4,211,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. LPL Financial LLC lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 4.5% during the third quarter. LPL Financial LLC now owns 31,403,162 shares of the company’s stock worth $2,604,578,000 after purchasing an additional 1,354,443 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 2.4% during the third quarter. JPMorgan Chase & Co. now owns 5,161,827 shares of the company’s stock worth $428,122,000 after purchasing an additional 122,184 shares during the period. Valmark Advisers Inc. lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 2.4% in the 3rd quarter. Valmark Advisers Inc. now owns 4,638,687 shares of the company’s stock worth $384,733,000 after buying an additional 107,423 shares during the last quarter. HB Wealth Management LLC boosted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 1.3% in the 4th quarter. HB Wealth Management LLC now owns 4,634,594 shares of the company’s stock valued at $393,827,000 after buying an additional 58,372 shares during the period. Finally, Quotient Wealth Partners LLC grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 0.9% during the 4th quarter. Quotient Wealth Partners LLC now owns 3,473,756 shares of the company’s stock valued at $305,343,000 after buying an additional 32,303 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Down 1.1 %

Shares of NYSEARCA SPYG opened at $88.64 on Tuesday. The firm’s 50-day moving average price is $90.09 and its two-hundred day moving average price is $85.76. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $68.48 and a 52-week high of $92.76. The stock has a market capitalization of $30.43 billion, a P/E ratio of 27.22 and a beta of 1.14.

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).