Carnegie Investment Counsel Cuts Position in SPDR Portfolio S&P 500 Growth ETF $SPYG

Carnegie Investment Counsel reduced its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 6.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 119,404 shares of the company’s stock after selling 7,803 shares during the period. Carnegie Investment Counsel’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $12,479,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Gilbert Capital Group Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the second quarter valued at about $5,086,000. SCS Capital Management LLC lifted its position in SPDR Portfolio S&P 500 Growth ETF by 2.4% during the 2nd quarter. SCS Capital Management LLC now owns 1,836,568 shares of the company’s stock worth $175,062,000 after acquiring an additional 43,304 shares in the last quarter. Cresset Asset Management LLC boosted its holdings in SPDR Portfolio S&P 500 Growth ETF by 32.3% in the 2nd quarter. Cresset Asset Management LLC now owns 20,735 shares of the company’s stock worth $1,977,000 after acquiring an additional 5,065 shares during the period. Canandaigua National Bank & Trust Co. grew its position in SPDR Portfolio S&P 500 Growth ETF by 0.9% in the third quarter. Canandaigua National Bank & Trust Co. now owns 576,979 shares of the company’s stock valued at $60,300,000 after acquiring an additional 5,200 shares in the last quarter. Finally, Motive Wealth Advisors grew its position in SPDR Portfolio S&P 500 Growth ETF by 25.5% in the second quarter. Motive Wealth Advisors now owns 82,939 shares of the company’s stock valued at $7,906,000 after acquiring an additional 16,875 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Trading Down 0.0%

NYSEARCA SPYG opened at $108.19 on Friday. The company’s fifty day simple moving average is $106.37 and its 200-day simple moving average is $101.62. 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 cap of $45.47 billion, a P/E ratio of 32.28 and a beta of 1.11.

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). The S&P 500 Growth Index measures the performance of the growth sector in the United States equity market. The selection universe for the S&P 500 Index includes all the United States common equities.