Motive Wealth Advisors Lowers Stock Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Motive Wealth Advisors cut its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 18.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 68,755 shares of the company’s stock after selling 15,494 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF accounts for about 3.2% of Motive Wealth Advisors’ holdings, making the stock its 12th biggest holding. Motive Wealth Advisors’ holdings in SPDR Portfolio S&P 500 Growth ETF were worth $6,044,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of SPYG. Renaissance Technologies LLC raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 138.7% during the second quarter. Renaissance Technologies LLC now owns 53,000 shares of the company’s stock worth $4,247,000 after acquiring an additional 30,800 shares in the last quarter. Sei Investments Co. boosted its position in SPDR Portfolio S&P 500 Growth ETF by 21.4% during the second quarter. Sei Investments Co. now owns 7,299 shares of the company’s stock valued at $585,000 after buying an additional 1,286 shares during the period. Bank of Montreal Can grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 8.2% during the second quarter. Bank of Montreal Can now owns 30,522 shares of the company’s stock valued at $2,459,000 after buying an additional 2,302 shares during the last quarter. Ascent Group LLC purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the second quarter worth about $877,000. Finally, Magnolia Capital Advisors LLC bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 2nd quarter valued at about $7,402,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of SPYG stock opened at $92.37 on Friday. The business has a 50-day moving average of $88.68 and a 200 day moving average of $83.92. The stock has a market capitalization of $31.71 billion, a PE ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $66.89 and a 1-year high of $92.37.

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).