Stiles Financial Services Inc Reduces Stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Stiles Financial Services Inc cut its holdings in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 24.2% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,759 shares of the company’s stock after selling 1,203 shares during the period. Stiles Financial Services Inc’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $312,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. LPL Financial LLC boosted its position in SPDR Portfolio S&P 500 Growth ETF by 7.2% during the 2nd quarter. LPL Financial LLC now owns 30,048,719 shares of the company’s stock valued at $2,407,804,000 after acquiring an additional 2,013,457 shares in the last quarter. Allworth Financial LP boosted its holdings in SPDR Portfolio S&P 500 Growth ETF by 1.9% in the third quarter. Allworth Financial LP now owns 13,177,373 shares of the company’s stock worth $1,092,931,000 after acquiring an additional 249,829 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 125.1% in the second quarter. Envestnet Asset Management Inc. now owns 12,065,732 shares of the company’s stock worth $966,827,000 after acquiring an additional 6,706,045 shares during the last quarter. Valmark Advisers Inc. increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 2.4% during the third quarter. Valmark Advisers Inc. now owns 4,638,687 shares of the company’s stock valued at $384,733,000 after acquiring an additional 107,423 shares in the last quarter. Finally, HB Wealth Management LLC increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 6.2% during the second quarter. HB Wealth Management LLC now owns 4,407,041 shares of the company’s stock valued at $342,273,000 after acquiring an additional 257,647 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of SPDR Portfolio S&P 500 Growth ETF stock opened at $87.15 on Friday. The stock has a market cap of $29.91 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a 1 year low of $60.18 and a 1 year high of $87.43. The firm’s 50-day moving average is $82.36 and its 200 day moving average is $79.22.

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).