SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) is Advisory Alpha LLC’s Largest Position

Advisory Alpha LLC reduced its holdings in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 4.1% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 3,228,143 shares of the company’s stock after selling 136,596 shares during the period. SPDR Portfolio S&P 500 Growth ETF accounts for about 10.1% of Advisory Alpha LLC’s investment portfolio, making the stock its biggest holding. Advisory Alpha LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $283,759,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in SPYG. Renaissance Technologies LLC grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 138.7% during the second quarter. Renaissance Technologies LLC now owns 53,000 shares of the company’s stock worth $4,247,000 after buying an additional 30,800 shares in the last quarter. Sei Investments Co. lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 21.4% in the second quarter. Sei Investments Co. now owns 7,299 shares of the company’s stock worth $585,000 after acquiring an additional 1,286 shares during the last quarter. Evergreen Capital Management LLC acquired a new position in SPDR Portfolio S&P 500 Growth ETF during the 2nd quarter worth approximately $1,605,000. Bank of Montreal Can increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 8.2% in the 2nd quarter. Bank of Montreal Can now owns 30,522 shares of the company’s stock valued at $2,459,000 after purchasing an additional 2,302 shares during the last quarter. Finally, Alpha DNA Investment Management LLC raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 214.0% in the 2nd quarter. Alpha DNA Investment Management LLC now owns 26,966 shares of the company’s stock valued at $2,161,000 after purchasing an additional 18,379 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Trading Up 1.0 %

SPDR Portfolio S&P 500 Growth ETF stock opened at $90.81 on Wednesday. The stock has a market cap of $31.17 billion, a P/E ratio of 27.22 and a beta of 1.14. The company has a fifty day simple moving average of $88.52 and a 200-day simple moving average of $83.81. SPDR Portfolio S&P 500 Growth ETF has a 12-month low of $66.89 and a 12-month high of $91.49.

About SPDR Portfolio S&P 500 Growth ETF

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).