SPDR Portfolio S&P 500 Growth ETF $SPYG Stock Position Reduced by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. trimmed its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 7.4% in the first quarter, Holdings Channel.com reports. The fund owned 302,619 shares of the company’s stock after selling 24,070 shares during the period. SPDR Portfolio S&P 500 Growth ETF makes up approximately 0.7% of Geneos Wealth Management Inc.’s investment portfolio, making the stock its 27th largest position. Geneos Wealth Management Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $29,629,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in SPYG. United Financial Planning Group LLC bought a new stake in SPDR Portfolio S&P 500 Growth ETF during the third quarter valued at $25,000. Hantz Financial Services Inc. lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 583.8% in the 4th quarter. Hantz Financial Services Inc. now owns 253 shares of the company’s stock worth $27,000 after buying an additional 216 shares during the last quarter. Financial Life Planners acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the 1st quarter valued at about $27,000. Indiana Trust & Investment Management Co acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the 1st quarter valued at about $27,000. Finally, New Millennium Group LLC bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the 4th quarter valued at about $29,000.

SPDR Portfolio S&P 500 Growth ETF Stock Up 0.5%

SPYG opened at $119.97 on Thursday. The firm has a market cap of $53.09 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $93.61 and a fifty-two week high of $122.92. The company’s 50-day moving average price is $118.33 and its 200 day moving average price is $109.88.

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). The S&P 500 Growth Index measures the performance of the growth sector in the United States equity market. The selection universe for the S&P 500 Index includes all the United States common equities.