Park Avenue Securities LLC Cuts Stock Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Park Avenue Securities LLC cut its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 77.1% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 108,746 shares of the company’s stock after selling 365,753 shares during the quarter. Park Avenue Securities LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $9,019,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Canandaigua National Bank & Trust Co. grew its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 4.5% in the third quarter. Canandaigua National Bank & Trust Co. now owns 498,146 shares of the company’s stock valued at $41,316,000 after purchasing an additional 21,487 shares in the last quarter. Waller Financial Planning Group Inc. boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 2.4% during the third quarter. Waller Financial Planning Group Inc. now owns 85,051 shares of the company’s stock worth $7,054,000 after buying an additional 1,984 shares during the period. Centaurus Financial Inc. boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 7.3% during the second quarter. Centaurus Financial Inc. now owns 158,527 shares of the company’s stock worth $12,703,000 after buying an additional 10,758 shares during the period. American Trust boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 2.0% during the second quarter. American Trust now owns 43,943 shares of the company’s stock worth $3,521,000 after buying an additional 855 shares during the period. Finally, Cannon Financial Strategists Inc. purchased a new position in SPDR Portfolio S&P 500 Growth ETF during the second quarter worth $66,890,000.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

NYSEARCA SPYG traded up $0.92 on Friday, hitting $82.84. 1,119,770 shares of the stock were exchanged, compared to its average volume of 2,307,704. The stock has a fifty day moving average price of $79.60 and a two-hundred day moving average price of $77.28. The firm has a market capitalization of $28.43 billion, a P/E ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $56.78 and a 52-week high of $84.16.

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).