GGM Financials LLC Trims Holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

GGM Financials LLC lowered its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 12.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 13,027 shares of the company’s stock after selling 1,837 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF accounts for about 1.2% of GGM Financials LLC’s investment portfolio, making the stock its 16th largest position. GGM Financials LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $1,145,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. LPL Financial LLC increased its stake in SPDR Portfolio S&P 500 Growth ETF by 4.5% in the 3rd quarter. LPL Financial LLC now owns 31,403,162 shares of the company’s stock worth $2,604,578,000 after buying an additional 1,354,443 shares in the last quarter. Kestra Investment Management LLC lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 70.3% in the third quarter. Kestra Investment Management LLC now owns 2,251,726 shares of the company’s stock valued at $186,758,000 after acquiring an additional 929,872 shares in the last quarter. Kingsview Wealth Management LLC boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 190.1% in the fourth quarter. Kingsview Wealth Management LLC now owns 1,283,008 shares of the company’s stock worth $112,776,000 after acquiring an additional 840,689 shares during the period. Flagship Harbor Advisors LLC bought a new stake in SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter valued at approximately $56,722,000. Finally, Mount Yale Investment Advisors LLC purchased a new position in SPDR Portfolio S&P 500 Growth ETF in the 4th quarter worth approximately $52,896,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

SPYG stock opened at $90.69 on Monday. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $68.48 and a 1-year high of $92.76. The business has a 50 day simple moving average of $89.68 and a two-hundred day simple moving average of $84.64. The company has a market capitalization of $31.13 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).