Beutel Goodman & Co Ltd. Sells 17,320 Shares of SPDR Portfolio S&P 500 Growth ETF $SPYG

Beutel Goodman & Co Ltd. trimmed its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 6.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 271,232 shares of the company’s stock after selling 17,320 shares during the quarter. Beutel Goodman & Co Ltd. owned about 0.07% of SPDR Portfolio S&P 500 Growth ETF worth $25,786,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Envestnet Asset Management Inc. increased its stake in SPDR Portfolio S&P 500 Growth ETF by 77.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 10,227,943 shares of the company’s stock worth $974,928,000 after acquiring an additional 4,470,135 shares during the last quarter. Symphony Financial Ltd. Co. increased its position in SPDR Portfolio S&P 500 Growth ETF by 2,711.7% in the second quarter. Symphony Financial Ltd. Co. now owns 3,236,291 shares of the company’s stock worth $308,404,000 after purchasing an additional 3,121,192 shares during the last quarter. Truist Financial Corp raised its stake in SPDR Portfolio S&P 500 Growth ETF by 662.1% during the second quarter. Truist Financial Corp now owns 2,059,594 shares of the company’s stock valued at $196,320,000 after purchasing an additional 1,789,329 shares in the last quarter. Exchange Traded Concepts LLC bought a new position in SPDR Portfolio S&P 500 Growth ETF during the second quarter valued at $99,999,000. Finally, SCS Capital Management LLC lifted its position in SPDR Portfolio S&P 500 Growth ETF by 94.1% during the first quarter. SCS Capital Management LLC now owns 1,793,264 shares of the company’s stock valued at $144,125,000 after purchasing an additional 869,311 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Up 0.4%

Shares of NYSEARCA:SPYG opened at $107.47 on Friday. The firm has a fifty day simple moving average of $105.58 and a two-hundred day simple moving average of $99.72. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $68.65 and a 52 week high of $109.63. The stock has a market capitalization of $45.17 billion, a P/E ratio of 32.28 and a beta of 1.11.

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).