ArborFi Advisors LLC Has $11.40 Million Stake in SPDR Portfolio S&P 500 Growth ETF $SPYG

ArborFi Advisors LLC cut its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 7.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 109,044 shares of the company’s stock after selling 9,328 shares during the period. SPDR Portfolio S&P 500 Growth ETF accounts for about 9.3% of ArborFi Advisors LLC’s investment portfolio, making the stock its 2nd biggest position. ArborFi Advisors LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $11,396,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Gilbert Capital Group Inc. acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the second quarter worth approximately $5,086,000. ERn Financial LLC increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 1.5% in the third quarter. ERn Financial LLC now owns 401,200 shares of the company’s stock valued at $41,929,000 after purchasing an additional 6,031 shares in the last quarter. First Horizon Corp acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at approximately $1,266,000. SCS Capital Management LLC raised its position in SPDR Portfolio S&P 500 Growth ETF by 2.4% in the 2nd quarter. SCS Capital Management LLC now owns 1,836,568 shares of the company’s stock worth $175,062,000 after purchasing an additional 43,304 shares during the last quarter. Finally, Cresset Asset Management LLC lifted its holdings in SPDR Portfolio S&P 500 Growth ETF by 32.3% during the 2nd quarter. Cresset Asset Management LLC now owns 20,735 shares of the company’s stock worth $1,977,000 after buying an additional 5,065 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of SPYG opened at $108.79 on Thursday. The firm has a market capitalization of $46.15 billion, a price-to-earnings ratio of 32.28 and a beta of 1.11. The business’s fifty day moving average price is $106.85 and its two-hundred day moving average price is $103.88. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $68.65 and a 52 week high of $109.63.

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.