GGM Financials LLC Reduces Stock Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

GGM Financials LLC trimmed its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 12.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 13,027 shares of the company’s stock after selling 1,837 shares during the period. SPDR Portfolio S&P 500 Growth ETF makes up 1.2% of GGM Financials LLC’s investment portfolio, making the stock its 16th largest holding. GGM Financials LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $1,145,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Brown Brothers Harriman & Co. purchased a new stake in SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter valued at $36,000. Valued Wealth Advisors LLC bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the fourth quarter worth $41,000. Costello Asset Management INC increased its position in SPDR Portfolio S&P 500 Growth ETF by 58.0% during the third quarter. Costello Asset Management INC now owns 545 shares of the company’s stock valued at $45,000 after acquiring an additional 200 shares during the last quarter. Urban Financial Advisory Corp bought a new position in SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at about $45,000. Finally, West Branch Capital LLC boosted its position in SPDR Portfolio S&P 500 Growth ETF by 916.1% in the fourth quarter. West Branch Capital LLC now owns 569 shares of the company’s stock worth $50,000 after purchasing an additional 513 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Down 0.9 %

NYSEARCA SPYG opened at $90.69 on Monday. The company has a 50-day moving average price of $89.68 and a 200-day moving average price of $84.64. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $68.48 and a 52 week high of $92.76. The firm has a market capitalization of $31.13 billion, a P/E ratio of 27.22 and a beta of 1.14.

SPDR Portfolio S&P 500 Growth ETF Company 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).