SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) is Goodman Advisory Group LLC’s Largest Position

Goodman Advisory Group LLC lowered its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 25.8% during the 2nd quarter, HoldingsChannel reports. The fund owned 497,136 shares of the company’s stock after selling 173,297 shares during the period. SPDR Portfolio S&P 500 Growth ETF comprises about 11.9% of Goodman Advisory Group LLC’s investment portfolio, making the stock its largest holding. Goodman Advisory Group LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $39,836,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the company. Affinity Capital Advisors LLC grew its position in SPDR Portfolio S&P 500 Growth ETF by 13.7% in the 2nd quarter. Affinity Capital Advisors LLC now owns 86,502 shares of the company’s stock valued at $6,931,000 after acquiring an additional 10,431 shares during the last quarter. Alpha DNA Investment Management LLC grew its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 214.0% in the second quarter. Alpha DNA Investment Management LLC now owns 26,966 shares of the company’s stock worth $2,161,000 after purchasing an additional 18,379 shares during the last quarter. Bank of Montreal Can increased its stake in SPDR Portfolio S&P 500 Growth ETF by 8.2% in the 2nd quarter. Bank of Montreal Can now owns 30,522 shares of the company’s stock worth $2,459,000 after buying an additional 2,302 shares during the period. Evergreen Capital Management LLC bought a new stake in SPDR Portfolio S&P 500 Growth ETF during the 2nd quarter valued at about $1,605,000. Finally, Edge Capital Group LLC boosted its position in SPDR Portfolio S&P 500 Growth ETF by 4.1% in the 2nd quarter. Edge Capital Group LLC now owns 23,086 shares of the company’s stock valued at $1,850,000 after buying an additional 899 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of SPYG stock opened at $82.49 on Friday. The company’s 50-day simple moving average is $79.22 and its two-hundred day simple moving average is $76.86. SPDR Portfolio S&P 500 Growth ETF has a one year low of $56.78 and a one year high of $84.16. The company has a market capitalization of $28.31 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).