Concord Wealth Partners Decreases Stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Concord Wealth Partners reduced its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 5.0% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 143,696 shares of the company’s stock after selling 7,572 shares during the period. SPDR Portfolio S&P 500 Growth ETF accounts for approximately 2.0% of Concord Wealth Partners’ portfolio, making the stock its 12th largest holding. Concord Wealth Partners’ holdings in SPDR Portfolio S&P 500 Growth ETF were worth $11,918,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Raleigh Capital Management Inc. lifted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 5.3% during the 3rd quarter. Raleigh Capital Management Inc. now owns 2,422 shares of the company’s stock valued at $201,000 after buying an additional 122 shares in the last quarter. CENTRAL TRUST Co lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 12.3% during the third quarter. CENTRAL TRUST Co now owns 1,227 shares of the company’s stock worth $102,000 after acquiring an additional 134 shares in the last quarter. Arkfeld Wealth Strategies L.L.C. boosted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 0.9% in the second quarter. Arkfeld Wealth Strategies L.L.C. now owns 15,911 shares of the company’s stock worth $1,322,000 after acquiring an additional 145 shares during the period. Cahaba Wealth Management Inc. grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 2.8% in the second quarter. Cahaba Wealth Management Inc. now owns 5,487 shares of the company’s stock valued at $440,000 after purchasing an additional 149 shares in the last quarter. Finally, JT Stratford LLC raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 3.5% during the 1st quarter. JT Stratford LLC now owns 4,817 shares of the company’s stock valued at $352,000 after purchasing an additional 162 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

NYSEARCA SPYG traded up $0.25 during trading hours on Monday, hitting $84.73. The company had a trading volume of 512,836 shares, compared to its average volume of 2,226,264. The firm has a market capitalization of $29.08 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $57.17 and a 52 week high of $85.21. The firm has a 50 day simple moving average of $81.70 and a 200 day simple moving average of $78.49.

SPDR Portfolio S&P 500 Growth ETF Company 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).