Assetmark Inc. Cuts Stock Holdings in SPDR Portfolio S&P 500 Growth ETF $SPYG

Assetmark Inc. cut its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 18.3% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 113,852 shares of the company’s stock after selling 25,427 shares during the period. Assetmark Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $11,899,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in SPYG. Clayton Financial Group LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF during the third quarter valued at about $26,000. Quaker Wealth Management LLC lifted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 292.9% in the 2nd quarter. Quaker Wealth Management LLC now owns 301 shares of the company’s stock valued at $29,000 after purchasing an additional 457 shares in the last quarter. CGC Financial Services LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth about $30,000. Grey Fox Wealth Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth about $41,000. Finally, Russell Investments Group Ltd. increased its position in SPDR Portfolio S&P 500 Growth ETF by 138.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 545 shares of the company’s stock worth $52,000 after purchasing an additional 316 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

NYSEARCA SPYG opened at $103.01 on Monday. The firm has a market capitalization of $43.93 billion, a price-to-earnings ratio of 32.28 and a beta of 1.11. SPDR Portfolio S&P 500 Growth ETF has a one year low of $68.65 and a one year high of $109.63. The company’s 50 day moving average price is $106.67 and its 200 day moving average price is $104.57.

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.