Kingswood Wealth Advisors LLC Sells 2,003 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Kingswood Wealth Advisors LLC trimmed its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 15.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,114 shares of the company’s stock after selling 2,003 shares during the period. Kingswood Wealth Advisors LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $813,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Northwest Investment Counselors LLC bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the first quarter worth $26,000. Headinvest LLC acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth about $29,000. Pineridge Advisors LLC acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 4th quarter worth about $31,000. Headlands Technologies LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the fourth quarter valued at about $32,000. Finally, EdgeRock Capital LLC bought a new stake in SPDR Portfolio S&P 500 Growth ETF during the fourth quarter worth about $34,000.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

NYSEARCA SPYG traded up $0.44 during trading hours on Wednesday, hitting $80.52. 2,049,983 shares of the company traded hands, compared to its average volume of 2,269,294. The stock has a market capitalization of $27.64 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a twelve month low of $56.78 and a twelve month high of $81.32. The business’s 50-day moving average is $74.99 and its 200-day moving average is $71.21.

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).