SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) Shares Sold by Cannon Financial Strategists Inc.

Cannon Financial Strategists Inc. trimmed its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 0.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 830,016 shares of the company’s stock after selling 4,753 shares during the period. SPDR Portfolio S&P 500 Growth ETF makes up approximately 13.3% of Cannon Financial Strategists Inc.’s investment portfolio, making the stock its 3rd largest position. Cannon Financial Strategists Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $68,842,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. PNC Financial Services Group Inc. raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 5.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 19,376 shares of the company’s stock worth $1,261,000 after buying an additional 917 shares in the last quarter. Salem Investment Counselors Inc. grew its position in SPDR Portfolio S&P 500 Growth ETF by 2,446.7% in the first quarter. Salem Investment Counselors Inc. now owns 764 shares of the company’s stock valued at $56,000 after acquiring an additional 734 shares during the last quarter. Northwest Investment Counselors LLC acquired a new position in SPDR Portfolio S&P 500 Growth ETF during the first quarter worth about $26,000. Global Assets Advisory LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the first quarter worth about $1,340,000. Finally, CGN Advisors LLC boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 16.7% in the 1st quarter. CGN Advisors LLC now owns 292,093 shares of the company’s stock valued at $21,367,000 after purchasing an additional 41,721 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of SPDR Portfolio S&P 500 Growth ETF stock traded up $0.46 during midday trading on Friday, hitting $84.48. 1,067,389 shares of the company traded hands, compared to its average volume of 2,255,160. The stock has a market cap of $29.00 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14. The firm’s fifty day moving average price is $81.14 and its 200-day moving average price is $78.05. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $56.78 and a 12 month high of $84.91.

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).