Merit Financial Group LLC Cuts Stock Holdings in SPDR Portfolio S&P 500 Growth ETF $SPYG

Merit Financial Group LLC lowered its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 5.9% 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 494,220 shares of the company’s stock after selling 31,081 shares during the period. Merit Financial Group LLC owned about 0.12% of SPDR Portfolio S&P 500 Growth ETF worth $51,651,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. Clayton Financial Group LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter valued at about $26,000. Quaker Wealth Management LLC boosted its position in SPDR Portfolio S&P 500 Growth ETF by 292.9% in the second quarter. Quaker Wealth Management LLC now owns 301 shares of the company’s stock worth $29,000 after purchasing an additional 457 shares during the last quarter. Russell Investments Group Ltd. grew its stake in SPDR Portfolio S&P 500 Growth ETF by 138.0% in the 2nd quarter. Russell Investments Group Ltd. now owns 545 shares of the company’s stock valued at $52,000 after purchasing an additional 316 shares during the period. Crewe Advisors LLC increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 386.8% during the 2nd quarter. Crewe Advisors LLC now owns 886 shares of the company’s stock valued at $84,000 after purchasing an additional 704 shares during the last quarter. Finally, Trust Co. of Vermont increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 274.0% during the 3rd quarter. Trust Co. of Vermont now owns 804 shares of the company’s stock valued at $84,000 after purchasing an additional 589 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Price Performance

NYSEARCA SPYG opened at $103.01 on Tuesday. The stock has a market capitalization of $43.93 billion, a price-to-earnings ratio of 32.28 and a beta of 1.11. The business’s fifty day moving average is $106.58 and its 200-day moving average is $104.60. SPDR Portfolio S&P 500 Growth ETF has a one year low of $68.65 and a one year high of $109.63.

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). 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.