Tennessee Valley Asset Management Partners Lowers Stock Holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Tennessee Valley Asset Management Partners cut its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 12.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,997 shares of the company’s stock after selling 880 shares during the quarter. Tennessee Valley Asset Management Partners’ holdings in SPDR Portfolio S&P 500 Growth ETF were worth $527,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of SPYG. Renaissance Technologies LLC increased its holdings in SPDR Portfolio S&P 500 Growth ETF by 138.7% during the 2nd quarter. Renaissance Technologies LLC now owns 53,000 shares of the company’s stock worth $4,247,000 after purchasing an additional 30,800 shares during the period. Sei Investments Co. grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 21.4% during the 2nd quarter. Sei Investments Co. now owns 7,299 shares of the company’s stock worth $585,000 after buying an additional 1,286 shares in the last quarter. Bank of Montreal Can increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 8.2% during the second quarter. Bank of Montreal Can now owns 30,522 shares of the company’s stock valued at $2,459,000 after buying an additional 2,302 shares during the period. Ascent Group LLC bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the second quarter valued at about $877,000. Finally, Magnolia Capital Advisors LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF in the second quarter worth about $7,402,000.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

NYSEARCA SPYG opened at $92.02 on Monday. SPDR Portfolio S&P 500 Growth ETF has a one year low of $66.89 and a one year high of $92.76. The company has a market capitalization of $31.59 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14. The company’s 50-day simple moving average is $88.92 and its two-hundred day simple moving average is $84.05.

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).