Wrapmanager Inc. Has $11.57 Million Stock Holdings in SPDR Portfolio S&P 500 Growth ETF $SPYG

Wrapmanager Inc. lowered its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 29.7% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 110,728 shares of the company’s stock after selling 46,794 shares during the period. SPDR Portfolio S&P 500 Growth ETF accounts for 3.6% of Wrapmanager Inc.’s investment portfolio, making the stock its 7th largest position. Wrapmanager Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $11,572,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in SPYG. Clayton Financial Group LLC acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter worth $26,000. Quaker Wealth Management LLC lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 292.9% in the second quarter. Quaker Wealth Management LLC now owns 301 shares of the company’s stock worth $29,000 after purchasing an additional 457 shares in the last quarter. CGC Financial Services LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter valued at $30,000. Grey Fox Wealth Advisors LLC purchased a new position in SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at about $41,000. Finally, Russell Investments Group Ltd. grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 138.0% in the 2nd quarter. Russell Investments Group Ltd. now owns 545 shares of the company’s stock valued at $52,000 after buying an additional 316 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Down 1.2%

Shares of SPYG opened at $103.61 on Tuesday. The firm has a market cap of $44.19 billion, a price-to-earnings ratio of 32.28 and a beta of 1.11. The company’s fifty day moving average is $106.29 and its 200-day moving average is $104.81. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $68.65 and a 12 month high of $109.63.

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.