Fortitude Financial LLC Sells 9,337 Shares of SPDR Portfolio S&P 500 Growth ETF $SPYG

Fortitude Financial LLC cut its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 4.2% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 212,893 shares of the company’s stock after selling 9,337 shares during the period. SPDR Portfolio S&P 500 Growth ETF makes up about 22.8% of Fortitude Financial LLC’s holdings, making the stock its biggest position. Fortitude Financial LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $25,332,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Sapient Capital LLC purchased a new position in SPDR Portfolio S&P 500 Growth ETF in the 2nd quarter worth about $231,000. StoneCrest Wealth Management Inc. acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the second quarter worth about $3,537,000. Roan Capital Partners increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 3.3% in the second quarter. Roan Capital Partners now owns 42,816 shares of the company’s stock worth $5,095,000 after acquiring an additional 1,361 shares in the last quarter. Sax Wealth Advisors LLC increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 620.7% in the second quarter. Sax Wealth Advisors LLC now owns 15,920 shares of the company’s stock worth $1,894,000 after acquiring an additional 13,711 shares in the last quarter. Finally, Everpar Advisors LLC increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 41.8% in the second quarter. Everpar Advisors LLC now owns 64,889 shares of the company’s stock worth $7,721,000 after acquiring an additional 19,125 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Price Performance

SPYG stock opened at $123.02 on Monday. The firm has a market capitalization of $54.46 billion, a P/E ratio of 32.28 and a beta of 1.17. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $93.61 and a 52-week high of $124.04. The company’s 50 day simple moving average is $118.02 and its 200-day simple moving average is $111.10.

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). 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.