Sterling Manor Financial LLC Has $15.23 Million Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Sterling Manor Financial LLC trimmed its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 3.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 183,571 shares of the company’s stock after selling 7,154 shares during the period. SPDR Portfolio S&P 500 Growth ETF comprises about 10.3% of Sterling Manor Financial LLC’s holdings, making the stock its 2nd largest position. Sterling Manor Financial LLC owned approximately 0.05% of SPDR Portfolio S&P 500 Growth ETF worth $15,225,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. EdgeRock Capital LLC bought a new position in SPDR Portfolio S&P 500 Growth ETF during the second quarter valued at about $26,000. Crewe Advisors LLC bought a new position in SPDR Portfolio S&P 500 Growth ETF in the 1st quarter worth about $28,000. Woodmont Investment Counsel LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF in the first quarter valued at approximately $44,000. Triad Wealth Partners LLC purchased a new position in SPDR Portfolio S&P 500 Growth ETF in the second quarter worth $44,000. Finally, Hollencrest Capital Management purchased a new stake in SPDR Portfolio S&P 500 Growth ETF in the second quarter worth approximately $49,000.

SPDR Portfolio S&P 500 Growth ETF Trading Up 0.3 %

Shares of NYSEARCA:SPYG traded up $0.23 on Monday, reaching $84.71. 563,408 shares of the company traded hands, compared to its average volume of 2,226,653. The stock has a market capitalization of $29.08 billion, a P/E ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $57.17 and a 52 week high of $85.21. The business’s 50-day simple moving average is $81.70 and its 200 day simple moving average is $78.49.

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).