Meridian Wealth Management LLC Sells 3,569 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Meridian Wealth Management LLC trimmed its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 4.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 71,283 shares of the company’s stock after selling 3,569 shares during the quarter. Meridian Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $5,912,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the stock. EdgeRock Capital LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF in the second quarter worth about $26,000. Crewe Advisors LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF in the first quarter worth about $28,000. Costello Asset Management INC increased its position in SPDR Portfolio S&P 500 Growth ETF by 58.0% in the third quarter. Costello Asset Management INC now owns 545 shares of the company’s stock worth $45,000 after buying an additional 200 shares in the last quarter. Triad Wealth Partners LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF in the second quarter worth about $44,000. Finally, Hollencrest Capital Management purchased a new stake in SPDR Portfolio S&P 500 Growth ETF in the second quarter worth about $49,000.

SPDR Portfolio S&P 500 Growth ETF Stock Up 0.0 %

Shares of SPYG opened at $86.34 on Friday. The business has a 50-day simple moving average of $83.94 and a two-hundred day simple moving average of $80.32. The stock has a market cap of $29.64 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $62.33 and a 52 week high of $87.94.

SPDR Portfolio S&P 500 Growth ETF Company 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).