World Investment Advisors Cuts Stock Position in SPDR Portfolio S&P 500 Growth ETF $SPYG

World Investment Advisors cut its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 6.3% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 52,479 shares of the company’s stock after selling 3,556 shares during the period. World Investment Advisors’ holdings in SPDR Portfolio S&P 500 Growth ETF were worth $5,002,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in SPYG. Envestnet Asset Management Inc. grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 77.6% during the second quarter. Envestnet Asset Management Inc. now owns 10,227,943 shares of the company’s stock worth $974,928,000 after buying an additional 4,470,135 shares in the last quarter. Truist Financial Corp grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 662.1% during the second quarter. Truist Financial Corp now owns 2,059,594 shares of the company’s stock worth $196,320,000 after buying an additional 1,789,329 shares in the last quarter. Exchange Traded Concepts LLC acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the second quarter worth about $99,999,000. SCS Capital Management LLC grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 94.1% during the first quarter. SCS Capital Management LLC now owns 1,793,264 shares of the company’s stock worth $144,125,000 after buying an additional 869,311 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 7.2% during 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 in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of SPDR Portfolio S&P 500 Growth ETF stock opened at $109.39 on Thursday. SPDR Portfolio S&P 500 Growth ETF has a one year low of $68.65 and a one year high of $109.63. The company has a market cap of $45.83 billion, a PE ratio of 32.28 and a beta of 1.11. The business has a 50-day simple moving average of $103.32 and a 200-day simple moving average of $95.52.

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).