IFP Advisors Inc Reduces Stock Holdings in SPDR Portfolio S&P 500 Growth ETF $SPYG

IFP Advisors Inc lessened its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 14.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 35,456 shares of the company’s stock after selling 5,806 shares during the quarter. IFP Advisors Inc’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $3,706,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Optiver Holding B.V. purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter valued at $25,000. United Financial Planning Group LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at $25,000. Clayton Financial Group LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at $26,000. Financial Life Planners acquired a new position in SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at $26,000. Finally, CGC Financial Services LLC purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the third quarter worth about $30,000.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of SPYG stock opened at $98.91 on Friday. The stock’s 50-day moving average is $104.71 and its two-hundred day moving average is $105.17. SPDR Portfolio S&P 500 Growth ETF has a 1 year low of $68.65 and a 1 year high of $109.63. The firm has a market cap of $42.19 billion, a price-to-earnings ratio of 32.28 and a beta of 1.11.

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.