Northwestern Mutual Wealth Management Co. Reduces Stock Position in SPDR Portfolio S&P 500 Growth ETF $SPYG

Northwestern Mutual Wealth Management Co. cut its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 5.9% during the fourth quarter, Holdings Channel reports. The firm owned 1,263,714 shares of the company’s stock after selling 78,717 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $134,838,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Moors & Cabot Inc. lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 117.5% during the fourth quarter. Moors & Cabot Inc. now owns 8,757 shares of the company’s stock worth $934,000 after purchasing an additional 4,731 shares during the period. IFG Advisory LLC increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 22.1% in the fourth quarter. IFG Advisory LLC now owns 191,899 shares of the company’s stock worth $20,476,000 after acquiring an additional 34,713 shares during the period. Thoroughbred Financial Services LLC increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 0.6% in the fourth quarter. Thoroughbred Financial Services LLC now owns 17,381 shares of the company’s stock worth $1,854,000 after acquiring an additional 99 shares during the period. Swmg LLC increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 69.3% in the fourth quarter. Swmg LLC now owns 5,712 shares of the company’s stock worth $600,000 after acquiring an additional 2,338 shares during the period. Finally, Kingsview Wealth Management LLC increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 8.7% in the fourth quarter. Kingsview Wealth Management LLC now owns 1,507,349 shares of the company’s stock worth $160,834,000 after acquiring an additional 120,734 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Price Performance

NYSEARCA:SPYG opened at $120.81 on Friday. The firm has a market capitalization of $53.23 billion, a P/E ratio of 32.28 and a beta of 1.17. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $88.59 and a 1-year high of $120.99. The company’s fifty day moving average price is $109.28 and its 200-day moving average price is $106.97.

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.