Colton Groome Financial Advisors LLC Cuts Stock Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Colton Groome Financial Advisors LLC trimmed its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 18.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 81,688 shares of the company’s stock after selling 18,946 shares during the period. SPDR Portfolio S&P 500 Growth ETF comprises about 2.3% of Colton Groome Financial Advisors LLC’s holdings, making the stock its 9th largest position. Colton Groome Financial Advisors LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $5,315,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Burney Co. raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 9.1% in the third quarter. Burney Co. now owns 33,875 shares of the company’s stock valued at $2,008,000 after purchasing an additional 2,826 shares during the last quarter. FFT Wealth Management LLC increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 0.3% in the third quarter. FFT Wealth Management LLC now owns 539,957 shares of the company’s stock worth $32,009,000 after purchasing an additional 1,575 shares in the last quarter. Centerpoint Advisors LLC increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 3.9% in the fourth quarter. Centerpoint Advisors LLC now owns 14,918 shares of the company’s stock worth $971,000 after purchasing an additional 555 shares in the last quarter. Lincoln National Corp increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 4.6% in the third quarter. Lincoln National Corp now owns 22,488 shares of the company’s stock worth $1,333,000 after purchasing an additional 998 shares in the last quarter. Finally, Denver Wealth Management Inc. increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 3.5% in the fourth quarter. Denver Wealth Management Inc. now owns 76,076 shares of the company’s stock worth $4,949,000 after purchasing an additional 2,607 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Trading Down 0.5 %

Shares of SPYG stock traded down $0.36 during trading hours on Thursday, reaching $70.30. The stock had a trading volume of 2,095,675 shares, compared to its average volume of 2,115,332. The stock’s fifty day simple moving average is $71.97 and its 200 day simple moving average is $66.26. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $54.67 and a 12 month high of $74.10. The firm has a market capitalization of $23.97 billion, a PE ratio of 27.72 and a beta of 1.10.

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).