SPDR Portfolio S&P 500 Growth ETF $SPYG Stock Position Lessened by Confluence Investment Management LLC

Confluence Investment Management LLC cut its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 11.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 510,696 shares of the company’s stock after selling 63,013 shares during the quarter. Confluence Investment Management LLC owned approximately 0.11% of SPDR Portfolio S&P 500 Growth ETF worth $62,856,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of SPYG. The Manufacturers Life Insurance Company purchased a new position in SPDR Portfolio S&P 500 Growth ETF during the second quarter worth $375,859,000. Envestnet Asset Management Inc. lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 10.5% in the second quarter. Envestnet Asset Management Inc. now owns 9,489,431 shares of the company’s stock valued at $1,129,147,000 after acquiring an additional 903,774 shares in the last quarter. Canandaigua National Bank & Trust Co. acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the second quarter valued at $71,180,000. Navigation Group LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the first quarter valued at $46,978,000. Finally, Diversify Wealth Management LLC increased its position in SPDR Portfolio S&P 500 Growth ETF by 40.4% during the 1st quarter. Diversify Wealth Management LLC now owns 1,666,662 shares of the company’s stock worth $163,183,000 after purchasing an additional 479,780 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

SPYG stock traded down $0.09 during trading on Thursday, hitting $123.00. The stock had a trading volume of 881,199 shares, compared to its average volume of 3,812,955. The company’s 50 day moving average price is $120.60 and its two-hundred day moving average price is $115.56. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $93.61 and a 1-year high of $124.58. The stock has a market cap of $56.15 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17.

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.