Sovereign Financial Group Inc. Trims Stock Holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Sovereign Financial Group Inc. lessened its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 3.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,271 shares of the company’s stock after selling 407 shares during the quarter. Sovereign Financial Group Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $991,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in SPYG. LPL Financial LLC boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 4.5% during the 3rd quarter. LPL Financial LLC now owns 31,403,162 shares of the company’s stock worth $2,604,578,000 after purchasing an additional 1,354,443 shares during the last quarter. Kestra Investment Management LLC purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the second quarter valued at approximately $105,920,000. Cannon Financial Strategists Inc. acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the second quarter worth approximately $66,890,000. Flagship Harbor Advisors LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter worth approximately $56,722,000. Finally, Benjamin Edwards Inc. grew its stake in SPDR Portfolio S&P 500 Growth ETF by 2,658.0% in the 3rd quarter. Benjamin Edwards Inc. now owns 451,865 shares of the company’s stock worth $37,478,000 after acquiring an additional 435,481 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Stock Down 0.2 %

Shares of SPDR Portfolio S&P 500 Growth ETF stock opened at $87.03 on Wednesday. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $64.63 and a fifty-two week high of $91.49. The business’s fifty day moving average is $88.34 and its two-hundred day moving average is $83.59. The firm has a market cap of $29.87 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).