Pinion Investment Advisors LLC Lowers Stock Holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Pinion Investment Advisors LLC lowered its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 4.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,646 shares of the company’s stock after selling 597 shares during the period. Pinion Investment Advisors LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $1,024,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. BankPlus Trust Department bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 4th quarter valued at approximately $25,000. Brown Brothers Harriman & Co. bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth $36,000. Valued Wealth Advisors LLC purchased a new position in SPDR Portfolio S&P 500 Growth ETF during the 4th quarter valued at about $41,000. Costello Asset Management INC raised its stake in SPDR Portfolio S&P 500 Growth ETF by 58.0% in the third quarter. Costello Asset Management INC now owns 545 shares of the company’s stock worth $45,000 after buying an additional 200 shares in the last quarter. Finally, Urban Financial Advisory Corp purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth $45,000.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

SPDR Portfolio S&P 500 Growth ETF stock opened at $85.42 on Tuesday. The stock has a market cap of $33.68 billion, a PE ratio of 32.27 and a beta of 1.07. SPDR Portfolio S&P 500 Growth ETF has a one year low of $68.48 and a one year high of $92.76. The stock has a 50-day moving average of $89.81 and a two-hundred day moving average of $86.17.

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).