Charles Schwab Investment Management Inc. Sells 838 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Charles Schwab Investment Management Inc. lowered its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 11.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,315 shares of the company’s stock after selling 838 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $524,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in SPYG. WCG Wealth Advisors LLC boosted its position in SPDR Portfolio S&P 500 Growth ETF by 1.4% during the second quarter. WCG Wealth Advisors LLC now owns 29,019 shares of the company’s stock valued at $2,325,000 after buying an additional 406 shares during the period. Cetera Investment Advisers lifted its position in SPDR Portfolio S&P 500 Growth ETF by 11.9% in the second quarter. Cetera Investment Advisers now owns 2,454,089 shares of the company’s stock valued at $196,646,000 after purchasing an additional 261,447 shares during the last quarter. Benjamin F. Edwards & Company Inc. increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 4.5% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 301,648 shares of the company’s stock worth $24,171,000 after buying an additional 12,870 shares during the period. HBW Advisory Services LLC increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 2.3% in the third quarter. HBW Advisory Services LLC now owns 19,331 shares of the company’s stock worth $1,603,000 after buying an additional 426 shares during the period. Finally, Breakwater Capital Group boosted its position in SPDR Portfolio S&P 500 Growth ETF by 11.6% during the 3rd quarter. Breakwater Capital Group now owns 90,068 shares of the company’s stock valued at $7,470,000 after buying an additional 9,335 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Stock Down 3.3 %

Shares of SPYG stock opened at $88.02 on Thursday. The firm has a market capitalization of $30.21 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14. The stock has a fifty day moving average of $86.47 and a 200 day moving average of $82.24. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $62.97 and a 52 week high of $91.49.

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).