Flynn Zito Capital Management LLC Sells 4,403 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Flynn Zito Capital Management LLC lowered its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 3.2% in the fourth quarter, HoldingsChannel reports. The firm owned 134,747 shares of the company’s stock after selling 4,403 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF makes up approximately 5.5% of Flynn Zito Capital Management LLC’s holdings, making the stock its 5th largest holding. Flynn Zito Capital Management LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $11,844,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Franklin Resources Inc. increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 132.3% during 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 during the period. Fifth Third Wealth Advisors LLC acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the fourth quarter worth about $200,000. Rede Wealth LLC raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 8.6% during the fourth quarter. Rede Wealth LLC now owns 24,108 shares of the company’s stock valued at $2,119,000 after acquiring an additional 1,903 shares during the period. AdvisorNet Financial Inc grew its position in SPDR Portfolio S&P 500 Growth ETF by 11.5% during the 4th quarter. AdvisorNet Financial Inc now owns 9,863 shares of the company’s stock worth $867,000 after purchasing an additional 1,019 shares in the last quarter. Finally, Compass Capital Corp MA ADV acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the 4th quarter valued at $3,268,000.

SPDR Portfolio S&P 500 Growth ETF Trading Up 0.7 %

Shares of SPYG stock opened at $88.31 on Thursday. The company has a market capitalization of $34.82 billion, a price-to-earnings ratio of 32.27 and a beta of 1.07. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $68.48 and a 1-year high of $92.76. The stock’s fifty day simple moving average is $89.97 and its 200-day simple moving average is $85.95.

About SPDR Portfolio S&P 500 Growth ETF

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).