Stegent Equity Advisors Inc. Sells 20,962 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Stegent Equity Advisors Inc. lessened its holdings in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 38.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,464 shares of the company’s stock after selling 20,962 shares during the period. SPDR Portfolio S&P 500 Growth ETF makes up 3.1% of Stegent Equity Advisors Inc.’s holdings, making the stock its 8th biggest position. Stegent Equity Advisors Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $2,776,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Salem Investment Counselors Inc. raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 2,446.7% during the 1st quarter. Salem Investment Counselors Inc. now owns 764 shares of the company’s stock valued at $56,000 after buying an additional 734 shares during the last quarter. Connecticut Wealth Management LLC lifted its holdings in SPDR Portfolio S&P 500 Growth ETF by 2.6% in the first quarter. Connecticut Wealth Management LLC now owns 1,371,164 shares of the company’s stock valued at $100,301,000 after acquiring an additional 34,871 shares during the period. JDM Financial Group LLC boosted its position in SPDR Portfolio S&P 500 Growth ETF by 15.5% in the 1st quarter. JDM Financial Group LLC now owns 79,082 shares of the company’s stock worth $5,785,000 after purchasing an additional 10,635 shares in the last quarter. WCG Wealth Advisors LLC boosted its position in SPDR Portfolio S&P 500 Growth ETF by 1.4% in the 2nd quarter. WCG Wealth Advisors LLC now owns 29,019 shares of the company’s stock worth $2,325,000 after purchasing an additional 406 shares in the last quarter. Finally, US Bancorp DE grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 48.9% during the 1st quarter. US Bancorp DE now owns 42,940 shares of the company’s stock worth $3,141,000 after purchasing an additional 14,107 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of SPYG traded up $0.46 during trading hours on Friday, hitting $84.48. The stock had a trading volume of 1,067,389 shares, compared to its average volume of 2,255,160. The firm has a 50-day moving average price of $81.14 and a 200 day moving average price of $78.05. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $56.78 and a fifty-two week high of $84.91. The firm has a market capitalization of $29.00 billion, a price-to-earnings 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).