SPDR Portfolio S&P 500 Growth ETF $SPYG Stake Lowered by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC decreased its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 54.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 47,289 shares of the company’s stock after selling 57,466 shares during the period. Sequoia Financial Advisors LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $4,508,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of SPYG. Ameriprise Financial Inc. increased its holdings in SPDR Portfolio S&P 500 Growth ETF by 7.2% in the first quarter. Ameriprise Financial Inc. now owns 8,732,829 shares of the company’s stock worth $701,653,000 after buying an additional 583,587 shares during the last quarter. JPMorgan Chase & Co. grew its position in SPDR Portfolio S&P 500 Growth ETF by 3.5% in the first quarter. JPMorgan Chase & Co. now owns 5,444,280 shares of the company’s stock worth $437,557,000 after acquiring an additional 183,095 shares in the last quarter. HB Wealth Management LLC grew its position in SPDR Portfolio S&P 500 Growth ETF by 3.3% in the first quarter. HB Wealth Management LLC now owns 4,788,489 shares of the company’s stock worth $371,691,000 after acquiring an additional 153,895 shares in the last quarter. Valmark Advisers Inc. lifted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 2.4% in the 1st quarter. Valmark Advisers Inc. now owns 4,744,344 shares of the company’s stock valued at $381,303,000 after purchasing an additional 109,101 shares during the last quarter. Finally, Townsquare Capital LLC lifted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 5.9% in the 1st quarter. Townsquare Capital LLC now owns 4,209,404 shares of the company’s stock valued at $338,310,000 after purchasing an additional 233,536 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Price Performance

NYSEARCA SPYG opened at $103.73 on Wednesday. The firm has a market cap of $43.22 billion, a P/E ratio of 32.28 and a beta of 1.05. The stock’s 50-day moving average is $101.93 and its two-hundred day moving average is $93.19. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $68.65 and a fifty-two week high of $106.22.

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).