Wallace Advisory Group LLC Has $745,000 Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Wallace Advisory Group LLC reduced its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 5.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 8,979 shares of the company’s stock after selling 503 shares during the period. Wallace Advisory Group LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $745,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Franklin Resources Inc. grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 132.3% in the third quarter. Franklin Resources Inc. now owns 13,196 shares of the company’s stock valued at $1,118,000 after acquiring an additional 7,516 shares in the last quarter. WCG Wealth Advisors LLC grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 1.4% in the second quarter. WCG Wealth Advisors LLC now owns 29,019 shares of the company’s stock valued at $2,325,000 after acquiring an additional 406 shares in the last quarter. Cetera Investment Advisers grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 11.9% in the second quarter. Cetera Investment Advisers now owns 2,454,089 shares of the company’s stock valued at $196,646,000 after acquiring an additional 261,447 shares in the last quarter. Benjamin F. Edwards & Company Inc. grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 4.5% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 301,648 shares of the company’s stock valued at $24,171,000 after acquiring an additional 12,870 shares in the last quarter. Finally, HBW Advisory Services LLC grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 2.3% in the third quarter. HBW Advisory Services LLC now owns 19,331 shares of the company’s stock valued at $1,603,000 after acquiring an additional 426 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

SPYG stock opened at $87.24 on Tuesday. The company’s 50-day simple moving average is $88.27 and its 200 day simple moving average is $83.54. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $64.63 and a 52 week high of $91.49. The company has a market capitalization of $29.95 billion, a PE 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).