Schrum Private Wealth Management LLC Sells 6,772 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Schrum Private Wealth Management LLC trimmed its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 45.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,064 shares of the company’s stock after selling 6,772 shares during the quarter. Schrum Private Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $709,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. LPL Financial LLC grew its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 4.5% in the third quarter. LPL Financial LLC now owns 31,403,162 shares of the company’s stock valued at $2,604,578,000 after acquiring an additional 1,354,443 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 2.4% during the third quarter. JPMorgan Chase & Co. now owns 5,161,827 shares of the company’s stock valued at $428,122,000 after purchasing an additional 122,184 shares during the period. HB Wealth Management LLC increased its position in SPDR Portfolio S&P 500 Growth ETF by 1.3% in the fourth quarter. HB Wealth Management LLC now owns 4,634,594 shares of the company’s stock worth $393,827,000 after buying an additional 58,372 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 4th quarter valued at $323,542,000. Finally, Bank of New York Mellon Corp boosted its position in SPDR Portfolio S&P 500 Growth ETF by 6.5% during the fourth quarter. Bank of New York Mellon Corp now owns 3,663,070 shares of the company’s stock worth $321,984,000 after purchasing an additional 222,550 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Stock Up 1.4 %

SPDR Portfolio S&P 500 Growth ETF stock opened at $85.77 on Thursday. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $68.48 and a 52 week high of $92.76. The stock has a market cap of $33.82 billion, a price-to-earnings ratio of 32.27 and a beta of 1.07. The business has a 50-day simple moving average of $89.57 and a 200 day simple moving average of $86.20.

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).