Independent Advisor Alliance Sells 2,262 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Independent Advisor Alliance reduced its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 9.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 22,019 shares of the company’s stock after selling 2,262 shares during the period. Independent Advisor Alliance’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $1,826,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. WCG Wealth Advisors LLC increased its position in SPDR Portfolio S&P 500 Growth ETF by 1.4% in the 2nd quarter. WCG Wealth Advisors LLC now owns 29,019 shares of the company’s stock worth $2,325,000 after buying an additional 406 shares during the period. Gradient Investments LLC grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 8,434.1% in the second quarter. Gradient Investments LLC now owns 17,751 shares of the company’s stock worth $1,422,000 after acquiring an additional 17,543 shares during the last quarter. Raymond James & Associates increased its position in SPDR Portfolio S&P 500 Growth ETF by 4.7% during the second quarter. Raymond James & Associates now owns 706,555 shares of the company’s stock worth $56,616,000 after acquiring an additional 31,847 shares during the period. Cetera Investment Advisers raised its stake in SPDR Portfolio S&P 500 Growth ETF by 11.9% during the 2nd quarter. Cetera Investment Advisers now owns 2,454,089 shares of the company’s stock valued at $196,646,000 after purchasing an additional 261,447 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. raised its stake in SPDR Portfolio S&P 500 Growth ETF by 4.5% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 301,648 shares of the company’s stock valued at $24,171,000 after purchasing an additional 12,870 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Price Performance

NYSEARCA SPYG opened at $87.15 on Wednesday. The company’s fifty day moving average is $84.29 and its two-hundred day moving average is $80.70. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $62.33 and a 52-week high of $87.94. The firm has a market capitalization of $29.91 billion, a price-to-earnings 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).