Jacobi Capital Management LLC Sells 300 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Jacobi Capital Management LLC trimmed its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 4.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 5,851 shares of the company’s stock after selling 300 shares during the quarter. Jacobi Capital Management LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $514,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in SPYG. Dynasty Wealth Management LLC bought a new position in SPDR Portfolio S&P 500 Growth ETF in the fourth quarter valued at approximately $311,395,000. LPL Financial LLC grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 4.5% during the third quarter. LPL Financial LLC now owns 31,403,162 shares of the company’s stock worth $2,604,578,000 after buying an additional 1,354,443 shares during the last quarter. Kestra Investment Management LLC grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 70.3% during the third quarter. Kestra Investment Management LLC now owns 2,251,726 shares of the company’s stock worth $186,758,000 after buying an additional 929,872 shares during the last quarter. Kingsview Wealth Management LLC grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 190.1% during the fourth quarter. Kingsview Wealth Management LLC now owns 1,283,008 shares of the company’s stock worth $112,776,000 after buying an additional 840,689 shares during the last quarter. Finally, Principal Securities Inc. grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 4,359.2% during the fourth quarter. Principal Securities Inc. now owns 697,501 shares of the company’s stock worth $61,310,000 after buying an additional 681,859 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

NYSEARCA SPYG opened at $87.59 on Monday. The firm’s fifty day moving average price is $89.90 and its two-hundred day moving average price is $86.13. The stock has a market cap of $34.54 billion, a PE ratio of 32.27 and a beta of 1.07. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $68.48 and a fifty-two week high of $92.76.

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).