Echo Wealth Management LLC lowered its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG – Free Report) by 2.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 54,703 shares of the company’s stock after selling 1,569 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises about 3.3% of Echo Wealth Management LLC’s investment portfolio, making the stock its 11th largest position. Echo Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $4,808,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Key Client Fiduciary Advisors LLC grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 3.5% during the 4th quarter. Key Client Fiduciary Advisors LLC now owns 3,381 shares of the company’s stock worth $297,000 after acquiring an additional 113 shares during the last quarter. Raleigh Capital Management Inc. grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 5.3% during the third quarter. Raleigh Capital Management Inc. now owns 2,422 shares of the company’s stock valued at $201,000 after purchasing an additional 122 shares during the last quarter. CENTRAL TRUST Co increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 12.3% in the third quarter. CENTRAL TRUST Co now owns 1,227 shares of the company’s stock valued at $102,000 after purchasing an additional 134 shares in the last quarter. AlphaMark Advisors LLC raised its position in SPDR Portfolio S&P 500 Growth ETF by 4.2% in the 4th quarter. AlphaMark Advisors LLC now owns 3,467 shares of the company’s stock worth $305,000 after purchasing an additional 141 shares during the last quarter. Finally, First Horizon Advisors Inc. lifted its holdings in SPDR Portfolio S&P 500 Growth ETF by 1.2% during the 3rd quarter. First Horizon Advisors Inc. now owns 12,961 shares of the company’s stock worth $1,075,000 after buying an additional 149 shares in the last quarter.
SPDR Portfolio S&P 500 Growth ETF Stock Performance
NYSEARCA SPYG opened at $92.02 on Friday. The stock has a market capitalization of $31.59 billion, a P/E ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $66.89 and a 52 week high of $92.76. The stock has a fifty day moving average of $88.92 and a 200-day moving average of $84.04.
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).
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