SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) Shares Sold by Fernwood Investment Management LLC

Fernwood Investment Management LLC lowered its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 54.5% during the third quarter, Holdings Channel.com reports. The firm owned 14,457 shares of the company’s stock after selling 17,310 shares during the quarter. Fernwood Investment Management LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $1,199,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Envestnet Asset Management Inc. lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 125.1% during the second 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 purchased a new stake in SPDR Portfolio S&P 500 Growth ETF in the 1st quarter valued at $262,606,000. LPL Financial LLC grew its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 7.2% during the second quarter. LPL Financial LLC now owns 30,048,719 shares of the company’s stock worth $2,407,804,000 after buying an additional 2,013,457 shares during the last quarter. Cetera Investment Advisers lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 282.8% during the first quarter. Cetera Investment Advisers now owns 2,192,642 shares of the company’s stock worth $160,392,000 after purchasing an additional 1,619,888 shares during the period. Finally, Savant Capital LLC increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 117.6% during the second 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 period.

SPDR Portfolio S&P 500 Growth ETF Trading Up 0.7 %

Shares of SPYG traded up $0.59 during mid-day trading on Friday, hitting $82.96. The company’s stock had a trading volume of 2,223,437 shares, compared to its average volume of 2,284,125. The firm has a market capitalization of $28.48 billion, a P/E ratio of 27.22 and a beta of 1.14. The firm has a 50-day simple moving average of $82.00 and a 200 day simple moving average of $78.86. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $59.07 and a 1-year high of $85.46.

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).