SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) is Optimist Retirement Group LLC’s 2nd Largest Position

Optimist Retirement Group LLC lessened its holdings in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 2.6% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 151,426 shares of the company’s stock after selling 4,050 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF accounts for about 6.4% of Optimist Retirement Group LLC’s investment portfolio, making the stock its 2nd largest holding. Optimist Retirement Group LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $12,134,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of SPYG. LPL Financial LLC lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 7.2% during the second quarter. LPL Financial LLC now owns 30,048,719 shares of the company’s stock worth $2,407,804,000 after purchasing an additional 2,013,457 shares in the last quarter. Allworth Financial LP increased its stake in SPDR Portfolio S&P 500 Growth ETF by 2.5% during the 1st quarter. Allworth Financial LP now owns 12,757,730 shares of the company’s stock worth $933,228,000 after buying an additional 310,361 shares during the period. Envestnet Asset Management Inc. lifted its holdings in SPDR Portfolio S&P 500 Growth ETF by 125.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 12,065,732 shares of the company’s stock worth $966,827,000 after buying an additional 6,706,045 shares in the last quarter. HB Wealth Management LLC boosted its position in SPDR Portfolio S&P 500 Growth ETF by 6.2% in the 2nd quarter. HB Wealth Management LLC now owns 4,407,041 shares of the company’s stock valued at $342,273,000 after buying an additional 257,647 shares during the last quarter. Finally, Dynasty Wealth Management LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the first quarter valued at about $262,606,000.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA SPYG opened at $80.41 on Thursday. The firm has a market cap of $27.60 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a 1 year low of $56.78 and a 1 year high of $84.16. The stock’s 50-day simple moving average is $79.17 and its 200-day simple moving average is $76.45.

SPDR Portfolio S&P 500 Growth ETF Company 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).