Rodgers & Associates LTD Sells 6,529 Shares of SPDR Portfolio S&P 500 Growth ETF $SPYG

by · The Markets Daily

Rodgers & Associates LTD reduced its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG – Free Report) by 1.5% during the third quarter, Holdings Channel.com reports. The firm owned 443,090 shares of the company’s stock after selling 6,529 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF accounts for approximately 5.1% of Rodgers & Associates LTD’s holdings, making the stock its 6th largest position. Rodgers & Associates LTD’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $54,536,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Envestnet Asset Management Inc. grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 10.5% during the second quarter. Envestnet Asset Management Inc. now owns 9,489,431 shares of the company’s stock valued at $1,129,147,000 after purchasing an additional 903,774 shares during the period. Valmark Advisers Inc. increased its position in SPDR Portfolio S&P 500 Growth ETF by 4.8% in the first quarter. Valmark Advisers Inc. now owns 4,884,338 shares of the company’s stock worth $478,226,000 after buying an additional 223,140 shares in the last quarter. Orgel Wealth Management LLC increased its position in SPDR Portfolio S&P 500 Growth ETF by 1.0% in the third quarter. Orgel Wealth Management LLC now owns 3,432,643 shares of the company’s stock worth $422,490,000 after buying an additional 34,234 shares in the last quarter. The Manufacturers Life Insurance Company purchased a new stake in SPDR Portfolio S&P 500 Growth ETF in the second quarter worth about $375,859,000. Finally, Royal Bank of Canada raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 11.9% in the first quarter. Royal Bank of Canada now owns 2,786,235 shares of the company’s stock worth $272,801,000 after buying an additional 297,196 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Stock Down 0.2%

NYSEARCA SPYG opened at $121.15 on Wednesday. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $93.61 and a 52 week high of $127.13. The company has a market capitalization of $56.02 billion, a P/E ratio of 32.28 and a beta of 1.17. The stock’s 50-day moving average price is $122.15 and its 200-day moving average price is $118.00.

About SPDR Portfolio S&P 500 Growth ETF

(Free Report)

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). The S&P 500 Growth Index measures the performance of the growth sector in the United States equity market. The selection universe for the S&P 500 Index includes all the United States common equities.

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