Gladstone Institutional Advisory LLC Has $32.92 Million Holdings in SPDR Portfolio S&P 500 Growth ETF $SPYG

Gladstone Institutional Advisory LLC trimmed its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 1.9% in the third quarter, Holdings Channel.com reports. The institutional investor owned 314,980 shares of the company’s stock after selling 6,231 shares during the period. SPDR Portfolio S&P 500 Growth ETF makes up about 1.3% of Gladstone Institutional Advisory LLC’s holdings, making the stock its 13th largest holding. Gladstone Institutional Advisory LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $32,919,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of SPYG. Envestnet Asset Management Inc. boosted its holdings in 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 valued at $974,928,000 after acquiring an additional 4,470,135 shares during the period. Symphony Financial Ltd. Co. lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 2,711.7% during the 2nd quarter. Symphony Financial Ltd. Co. now owns 3,236,291 shares of the company’s stock worth $308,404,000 after purchasing an additional 3,121,192 shares during the last quarter. Truist Financial Corp lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 662.1% during the 2nd quarter. Truist Financial Corp now owns 2,059,594 shares of the company’s stock worth $196,320,000 after purchasing an additional 1,789,329 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 12.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 9,853,254 shares of the company’s stock valued at $938,988,000 after purchasing an additional 1,120,425 shares during the period. Finally, Exchange Traded Concepts LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF in the 2nd quarter valued at approximately $99,999,000.

SPDR Portfolio S&P 500 Growth ETF Stock Up 0.4%

Shares of SPYG stock opened at $107.16 on Tuesday. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $68.65 and a 12 month high of $109.63. The firm has a market cap of $45.44 billion, a PE ratio of 32.28 and a beta of 1.11. The stock has a 50 day moving average of $106.54 and a 200-day moving average of $102.41.

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). 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.