Occidental Asset Management LLC Decreases Stock Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Occidental Asset Management LLC lowered its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 12.8% during the fourth quarter, HoldingsChannel reports. The firm owned 77,319 shares of the company’s stock after selling 11,341 shares during the period. SPDR Portfolio S&P 500 Growth ETF comprises 1.1% of Occidental Asset Management LLC’s holdings, making the stock its 23rd biggest position. Occidental Asset Management LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $6,796,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Raleigh Capital Management Inc. increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 5.3% during the 3rd quarter. Raleigh Capital Management Inc. now owns 2,422 shares of the company’s stock worth $201,000 after buying an additional 122 shares during the last quarter. CENTRAL TRUST Co increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 12.3% in the third quarter. CENTRAL TRUST Co now owns 1,227 shares of the company’s stock worth $102,000 after acquiring an additional 134 shares in the last quarter. First Horizon Advisors Inc. raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 1.2% in the 3rd quarter. First Horizon Advisors Inc. now owns 12,961 shares of the company’s stock valued at $1,075,000 after acquiring an additional 149 shares during the period. Nvest Financial LLC raised its position in SPDR Portfolio S&P 500 Growth ETF by 0.6% in the third quarter. Nvest Financial LLC now owns 30,413 shares of the company’s stock valued at $2,522,000 after purchasing an additional 177 shares during the period. Finally, Matrix Asset Advisors Inc. NY boosted its holdings in SPDR Portfolio S&P 500 Growth ETF by 6.2% in the 3rd quarter. Matrix Asset Advisors Inc. NY now owns 3,411 shares of the company’s stock worth $283,000 after acquiring an additional 199 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Price Performance

NYSEARCA:SPYG opened at $88.73 on Friday. The firm has a 50-day moving average of $88.43 and a two-hundred day moving average of $83.66. The stock has a market cap of $30.46 billion, a P/E ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $64.63 and a 1-year high of $91.49.

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).