Gryphon Financial Partners LLC Reduces Stock Holdings in SPDR Portfolio S&P 500 Growth ETF $SPYG

Gryphon Financial Partners LLC lessened its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 33.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 9,162 shares of the company’s stock after selling 4,536 shares during the quarter. Gryphon Financial Partners LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $897,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of SPYG. Morgan Stanley raised its stake in SPDR Portfolio S&P 500 Growth ETF by 95.9% in the 4th quarter. Morgan Stanley now owns 16,219,528 shares of the company’s stock worth $1,730,624,000 after acquiring an additional 7,939,766 shares during the last quarter. Allworth Financial LP grew its stake in SPDR Portfolio S&P 500 Growth ETF by 8.7% during the 4th quarter. Allworth Financial LP now owns 12,384,946 shares of the company’s stock valued at $1,321,474,000 after purchasing an additional 990,106 shares during the last quarter. Valpey Financial Services LLC grew its stake in SPDR Portfolio S&P 500 Growth ETF by 8,907.1% during the 4th quarter. Valpey Financial Services LLC now owns 689,133 shares of the company’s stock valued at $73,530,000 after purchasing an additional 681,482 shares during the last quarter. Stifel Financial Corp increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 63.8% in the fourth quarter. Stifel Financial Corp now owns 1,729,269 shares of the company’s stock valued at $184,514,000 after purchasing an additional 673,790 shares during the period. Finally, Benjamin Edwards Inc. increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 81.4% in the fourth quarter. Benjamin Edwards Inc. now owns 1,342,569 shares of the company’s stock valued at $143,254,000 after purchasing an additional 602,485 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Stock Down 1.5%

Shares of NYSEARCA:SPYG opened at $116.25 on Friday. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $93.61 and a 52-week high of $122.92. The stock has a market cap of $51.32 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17. The business has a 50-day moving average price of $118.34 and a 200-day moving average price of $109.99.

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.