Perennial Investment Advisors LLC Decreases Position in SPDR Portfolio S&P 500 Growth ETF $SPYG

Perennial Investment Advisors LLC lowered its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 4.5% in the third quarter, HoldingsChannel.com reports. The fund owned 512,373 shares of the company’s stock after selling 24,371 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises 4.4% of Perennial Investment Advisors LLC’s portfolio, making the stock its 3rd biggest position. Perennial Investment Advisors LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $53,549,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the business. Optiver Holding B.V. acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter valued at $25,000. Clayton Financial Group LLC bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the third quarter worth $26,000. CGC Financial Services LLC bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the third quarter worth $30,000. Grey Fox Wealth Advisors LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at $41,000. Finally, Russell Investments Group Ltd. raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 138.0% in the second quarter. Russell Investments Group Ltd. now owns 545 shares of the company’s stock valued at $52,000 after buying an additional 316 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Down 0.1%

Shares of NYSEARCA SPYG opened at $103.77 on Friday. SPDR Portfolio S&P 500 Growth ETF has a 12-month low of $68.65 and a 12-month high of $109.63. The firm’s 50-day simple moving average is $105.88 and its 200 day simple moving average is $104.97. The company has a market cap of $44.26 billion, a price-to-earnings ratio of 32.28 and a beta of 1.11.

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.