Marion Wealth Management Sells 255 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Marion Wealth Management decreased its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 0.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 88,596 shares of the company’s stock after selling 255 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises approximately 2.1% of Marion Wealth Management’s investment portfolio, making the stock its 13th largest position. Marion Wealth Management’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $7,788,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Franklin Resources Inc. increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 132.3% during the third quarter. Franklin Resources Inc. now owns 13,196 shares of the company’s stock valued at $1,118,000 after acquiring an additional 7,516 shares in the last quarter. WCG Wealth Advisors LLC increased its stake in SPDR Portfolio S&P 500 Growth ETF by 1.4% during the 2nd quarter. WCG Wealth Advisors LLC now owns 29,019 shares of the company’s stock valued at $2,325,000 after purchasing an additional 406 shares in the last quarter. Cetera Investment Advisers raised its holdings 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 worth $196,646,000 after buying an additional 261,447 shares during the last quarter. Benjamin F. Edwards & Company Inc. lifted 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 in the last quarter. Finally, HBW Advisory Services LLC grew its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 2.3% during the third quarter. HBW Advisory Services LLC now owns 19,331 shares of the company’s stock valued at $1,603,000 after buying an additional 426 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of SPYG traded down $0.29 on Monday, hitting $87.24. 1,893,524 shares of the stock traded hands, compared to its average volume of 2,362,610. The company has a market capitalization of $29.95 billion, a PE ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a one year low of $64.63 and a one year high of $91.49. The business has a 50 day simple moving average of $88.18 and a 200 day simple moving average of $83.49.

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).