Wallington Asset Management LLC reduced its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG – Free Report) by 9.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,830 shares of the company’s stock after selling 970 shares during the period. Wallington Asset Management LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $776,000 as of its most recent SEC filing.
Several other institutional investors also recently made changes to their positions in SPYG. Brown Brothers Harriman & Co. acquired a new position in SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth $36,000. Costello Asset Management INC raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 58.0% during the third quarter. Costello Asset Management INC now owns 545 shares of the company’s stock valued at $45,000 after purchasing an additional 200 shares in the last quarter. Urban Financial Advisory Corp bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the third quarter valued at about $45,000. Hollencrest Capital Management acquired a new stake in SPDR Portfolio S&P 500 Growth ETF in the second quarter worth about $49,000. Finally, Creekmur Asset Management LLC bought a new position in SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter valued at about $52,000.
SPDR Portfolio S&P 500 Growth ETF Trading Up 1.3 %
SPYG stock opened at $89.89 on Friday. The firm’s 50-day moving average is $88.47 and its two-hundred day moving average is $83.73. The company has a market capitalization of $30.85 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $65.51 and a 52 week high of $91.49.
SPDR Portfolio S&P 500 Growth ETF Company 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).
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