NewSquare Capital LLC Has $13.28 Million Stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

NewSquare Capital LLC reduced its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 6.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 151,103 shares of the company’s stock after selling 11,088 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF accounts for 1.1% of NewSquare Capital LLC’s investment portfolio, making the stock its 25th biggest holding. NewSquare Capital LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $13,282,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Ring Mountain Capital LLC purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the fourth quarter valued at $1,692,000. Synergy Investment Management LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the 4th quarter worth about $6,814,000. Schechter Investment Advisors LLC boosted its position in SPDR Portfolio S&P 500 Growth ETF by 7.2% during the 4th quarter. Schechter Investment Advisors LLC now owns 12,107 shares of the company’s stock worth $1,064,000 after acquiring an additional 812 shares during the period. Financial Services Advisory Inc increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 235.8% in the 4th quarter. Financial Services Advisory Inc now owns 215,999 shares of the company’s stock valued at $18,986,000 after purchasing an additional 151,669 shares during the period. Finally, Financial Council LLC lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 1.1% in the fourth quarter. Financial Council LLC now owns 79,179 shares of the company’s stock worth $6,960,000 after purchasing an additional 865 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

SPYG stock opened at $84.60 on Wednesday. The stock has a market cap of $33.36 billion, a P/E ratio of 32.27 and a beta of 1.07. The firm has a 50 day simple moving average of $89.68 and a 200 day simple moving average of $86.20. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $68.48 and a 52 week high of $92.76.

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).