SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) Position Lowered by Mainstay Capital Management LLC ADV

Mainstay Capital Management LLC ADV lessened its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 27.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,228,034 shares of the company’s stock after selling 467,996 shares during the period. SPDR Portfolio S&P 500 Growth ETF accounts for approximately 16.4% of Mainstay Capital Management LLC ADV’s portfolio, making the stock its 3rd biggest position. Mainstay Capital Management LLC ADV owned about 0.36% of SPDR Portfolio S&P 500 Growth ETF worth $107,944,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of SPYG. LPL Financial LLC increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 4.5% during the 3rd quarter. LPL Financial LLC now owns 31,403,162 shares of the company’s stock worth $2,604,578,000 after purchasing an additional 1,354,443 shares during the last quarter. Kestra Investment Management LLC increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 70.3% during the 3rd quarter. Kestra Investment Management LLC now owns 2,251,726 shares of the company’s stock worth $186,758,000 after purchasing an additional 929,872 shares during the last quarter. Kingsview Wealth Management LLC increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 190.1% during the 4th quarter. Kingsview Wealth Management LLC now owns 1,283,008 shares of the company’s stock worth $112,776,000 after purchasing an additional 840,689 shares during the last quarter. Principal Securities Inc. increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 4,359.2% during the 4th quarter. Principal Securities Inc. now owns 697,501 shares of the company’s stock worth $61,310,000 after purchasing an additional 681,859 shares during the last quarter. Finally, Mount Yale Investment Advisors LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the 4th quarter worth about $52,896,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

NYSEARCA SPYG opened at $89.59 on Monday. The company has a market cap of $30.75 billion, a P/E ratio of 27.22 and a beta of 1.14. The stock has a 50-day moving average of $90.09 and a two-hundred day moving average of $85.68. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $68.48 and a 1-year high of $92.76.

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).