SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) Shares Sold by Drive Wealth Management LLC

Drive Wealth Management LLC reduced its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 34.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,535 shares of the company’s stock after selling 5,512 shares during the period. Drive Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $874,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. WCG Wealth Advisors LLC grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 1.4% in the 2nd quarter. WCG Wealth Advisors LLC now owns 29,019 shares of the company’s stock worth $2,325,000 after acquiring an additional 406 shares in the last quarter. Gradient Investments LLC lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 8,434.1% during the second quarter. Gradient Investments LLC now owns 17,751 shares of the company’s stock worth $1,422,000 after purchasing an additional 17,543 shares during the last quarter. Raymond James & Associates boosted its holdings in SPDR Portfolio S&P 500 Growth ETF by 4.7% in the second quarter. Raymond James & Associates now owns 706,555 shares of the company’s stock worth $56,616,000 after purchasing an additional 31,847 shares during the period. Cetera Investment Advisers increased its stake in SPDR Portfolio S&P 500 Growth ETF by 11.9% during the second quarter. Cetera Investment Advisers now owns 2,454,089 shares of the company’s stock valued at $196,646,000 after purchasing an additional 261,447 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 4.5% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 301,648 shares of the company’s stock worth $24,171,000 after purchasing an additional 12,870 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

SPDR Portfolio S&P 500 Growth ETF stock opened at $85.16 on Monday. SPDR Portfolio S&P 500 Growth ETF has a 1 year low of $62.09 and a 1 year high of $87.94. The firm’s 50-day moving average is $83.35 and its 200-day moving average is $80.04. The company has a market cap of $29.23 billion, a P/E ratio of 27.22 and a beta of 1.14.

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).