Financial Management Professionals Inc. Has $7.62 Million Holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Financial Management Professionals Inc. cut its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 5.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 91,878 shares of the company’s stock after selling 4,806 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises approximately 0.9% of Financial Management Professionals Inc.’s holdings, making the stock its 23rd biggest position. Financial Management Professionals Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $7,620,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 125.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,065,732 shares of the company’s stock worth $966,827,000 after purchasing an additional 6,706,045 shares during the last quarter. Dynasty Wealth Management LLC bought a new stake in SPDR Portfolio S&P 500 Growth ETF in the first quarter valued at approximately $262,606,000. LPL Financial LLC lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 7.2% in the second quarter. LPL Financial LLC now owns 30,048,719 shares of the company’s stock valued at $2,407,804,000 after buying an additional 2,013,457 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 282.8% during the 1st quarter. Cetera Investment Advisers now owns 2,192,642 shares of the company’s stock worth $160,392,000 after acquiring an additional 1,619,888 shares during the period. Finally, Savant Capital LLC increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 117.6% during the 2nd quarter. Savant Capital LLC now owns 2,512,342 shares of the company’s stock worth $201,314,000 after acquiring an additional 1,357,615 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Trading Up 0.5 %

SPYG opened at $84.48 on Friday. The stock’s fifty day simple moving average is $81.70 and its 200 day simple moving average is $78.41. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $56.78 and a 1-year high of $85.21. The stock has a market cap of $29.00 billion, a PE 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).