Balanced Wealth Group LLC Sells 984,519 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Balanced Wealth Group LLC trimmed its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 77.3% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 288,306 shares of the company’s stock after selling 984,519 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises approximately 10.4% of Balanced Wealth Group LLC’s portfolio, making the stock its 3rd biggest position. Balanced Wealth Group LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $23,912,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in SPYG. Reston Wealth Management LLC boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 0.9% in the third quarter. Reston Wealth Management LLC now owns 676,037 shares of the company’s stock valued at $56,071,000 after acquiring an additional 6,030 shares in the last quarter. HM Payson & Co. lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 851.1% in the 3rd quarter. HM Payson & Co. now owns 1,788 shares of the company’s stock valued at $148,000 after purchasing an additional 1,600 shares during the last quarter. Goldstone Financial Group LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter valued at about $11,410,000. IMC Chicago LLC grew its stake in SPDR Portfolio S&P 500 Growth ETF by 24.3% during the 3rd quarter. IMC Chicago LLC now owns 34,569 shares of the company’s stock worth $2,867,000 after buying an additional 6,762 shares during the last quarter. Finally, Boyd Wealth Management LLC increased its position in SPDR Portfolio S&P 500 Growth ETF by 32.6% during the third quarter. Boyd Wealth Management LLC now owns 216,847 shares of the company’s stock worth $17,985,000 after buying an additional 53,285 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Trading Down 2.9 %

Shares of NYSEARCA SPYG opened at $82.37 on Friday. The stock has a market cap of $28.27 billion, a P/E ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a twelve month low of $57.27 and a twelve month high of $85.46. The stock has a 50 day moving average of $81.96 and a two-hundred day moving average of $78.73.

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).