Synovus Financial Corp Cuts Stock Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Synovus Financial Corp cut its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 29.8% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 36,874 shares of the company’s stock after selling 15,675 shares during the period. Synovus Financial Corp’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $3,059,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Raleigh Capital Management Inc. raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 5.3% in the 3rd quarter. Raleigh Capital Management Inc. now owns 2,422 shares of the company’s stock valued at $201,000 after purchasing an additional 122 shares in the last quarter. CENTRAL TRUST Co raised its holdings 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 valued at $102,000 after buying an additional 134 shares during the last quarter. Cahaba Wealth Management Inc. boosted its position in SPDR Portfolio S&P 500 Growth ETF by 2.8% during the 2nd quarter. Cahaba Wealth Management Inc. now owns 5,487 shares of the company’s stock worth $440,000 after acquiring an additional 149 shares during the period. First Horizon Advisors Inc. lifted its holdings in SPDR Portfolio S&P 500 Growth ETF by 1.2% in the third quarter. First Horizon Advisors Inc. now owns 12,961 shares of the company’s stock worth $1,075,000 after purchasing an additional 149 shares during the period. Finally, Nvest Financial LLC lifted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 0.6% in the 3rd quarter. Nvest Financial LLC now owns 30,413 shares of the company’s stock worth $2,522,000 after acquiring an additional 177 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA SPYG opened at $90.40 on Friday. The stock has a fifty day moving average price of $86.04 and a two-hundred day moving average price of $81.93. SPDR Portfolio S&P 500 Growth ETF has a 1 year low of $62.97 and a 1 year high of $91.01. The firm has a market cap of $31.03 billion, a P/E ratio of 27.22 and a beta of 1.14.

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).