Envestnet Asset Management Inc. Lowers Stock Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Envestnet Asset Management Inc. lowered its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYGFree Report) by 44.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,740,456 shares of the company’s stock after selling 4,524,427 shares during the quarter. Envestnet Asset Management Inc. owned about 1.94% of SPDR Portfolio S&P 500 Growth ETF worth $373,474,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in SPYG. Stephens Inc. AR raised its position in shares of SPDR Portfolio S&P 500 Growth ETF by 5.0% in the 4th quarter. Stephens Inc. AR now owns 14,496 shares of the company’s stock worth $943,000 after purchasing an additional 686 shares during the last quarter. 360 Financial Inc. purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the 4th quarter worth about $358,000. Goldman Sachs Group Inc. raised its position in shares of SPDR Portfolio S&P 500 Growth ETF by 66.3% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,283,208 shares of the company’s stock worth $83,485,000 after purchasing an additional 511,646 shares during the last quarter. CIBC Private Wealth Group LLC raised its position in shares of SPDR Portfolio S&P 500 Growth ETF by 8.2% in the 4th quarter. CIBC Private Wealth Group LLC now owns 40,868 shares of the company’s stock worth $2,659,000 after purchasing an additional 3,103 shares during the last quarter. Finally, Beacon Bridge Wealth Partners LLC raised its position in shares of SPDR Portfolio S&P 500 Growth ETF by 44.8% in the 4th quarter. Beacon Bridge Wealth Partners LLC now owns 53,098 shares of the company’s stock worth $3,455,000 after purchasing an additional 16,435 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Price Performance

SPYG opened at $77.08 on Friday. The stock has a 50-day moving average price of $73.28 and a 200-day moving average price of $69.69. The firm has a market cap of $26.46 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 $56.78 and a 1 year high of $77.51.

About SPDR Portfolio S&P 500 Growth ETF

(Free Report)

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).

Further Reading

Institutional Ownership by Quarter for SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

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