Mcdonald Partners LLC Reduces Stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Mcdonald Partners LLC reduced its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 4.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 23,324 shares of the company’s stock after selling 1,087 shares during the quarter. Mcdonald Partners LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $2,050,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Brown Brothers Harriman & Co. bought a new position in SPDR Portfolio S&P 500 Growth ETF in the third quarter worth about $36,000. Valued Wealth Advisors LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the 4th quarter worth approximately $41,000. Costello Asset Management INC raised its position in shares of SPDR Portfolio S&P 500 Growth ETF by 58.0% in the 3rd quarter. Costello Asset Management INC now owns 545 shares of the company’s stock worth $45,000 after acquiring an additional 200 shares in the last quarter. Urban Financial Advisory Corp bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the third quarter valued at approximately $45,000. Finally, West Branch Capital LLC boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 916.1% during the fourth quarter. West Branch Capital LLC now owns 569 shares of the company’s stock valued at $50,000 after purchasing an additional 513 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Trading Up 0.2 %

SPYG opened at $92.33 on Tuesday. The company has a market cap of $31.69 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14. The stock has a fifty day simple moving average of $89.93 and a two-hundred day simple moving average of $85.17. SPDR Portfolio S&P 500 Growth ETF has a 12-month low of $68.48 and a 12-month high of $92.76.

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).