Magnus Financial Group LLC Sells 6,109 Shares of SPDR Portfolio S&P 500 Growth ETF $SPYG

Magnus Financial Group LLC trimmed its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 4.0% in the fourth quarter, Holdings Channel reports. The fund owned 146,446 shares of the company’s stock after selling 6,109 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises approximately 1.2% of Magnus Financial Group LLC’s investment portfolio, making the stock its 16th biggest holding. Magnus Financial Group LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $15,626,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in SPYG. Vantagepoint Investment Advisers LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter valued at approximately $469,042,000. Ameriprise Financial Inc. grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 12.8% in the second quarter. Ameriprise Financial Inc. now owns 9,853,254 shares of the company’s stock worth $938,988,000 after acquiring an additional 1,120,425 shares during the last quarter. Laurel Wealth Advisors LLC increased its position in SPDR Portfolio S&P 500 Growth ETF by 9,685.9% during the second quarter. Laurel Wealth Advisors LLC now owns 855,779 shares of the company’s stock worth $81,573,000 after acquiring an additional 847,034 shares during the period. Envestnet Asset Management Inc. raised its stake in SPDR Portfolio S&P 500 Growth ETF by 7.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 10,982,338 shares of the company’s stock valued at $1,147,764,000 after purchasing an additional 754,395 shares during the last quarter. Finally, Miracle Mile Advisors LLC increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 3,540.8% during the 3rd quarter. Miracle Mile Advisors LLC now owns 708,945 shares of the company’s stock worth $74,092,000 after purchasing an additional 689,473 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

NYSEARCA SPYG opened at $98.91 on Friday. SPDR Portfolio S&P 500 Growth ETF has a twelve month low of $68.65 and a twelve month high of $109.63. The stock has a market cap of $42.19 billion, a PE ratio of 32.28 and a beta of 1.11. The firm has a 50-day simple moving average of $104.71 and a 200 day simple moving average of $105.22.

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). 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.