Sound Income Strategies LLC Reduces Stock Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Sound Income Strategies LLC cut its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 25.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 754 shares of the company’s stock after selling 260 shares during the quarter. Sound Income Strategies LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $66,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in SPYG. Franklin Resources Inc. grew its position in SPDR Portfolio S&P 500 Growth ETF by 132.3% in the 3rd quarter. Franklin Resources Inc. now owns 13,196 shares of the company’s stock worth $1,118,000 after purchasing an additional 7,516 shares during the period. Fifth Third Wealth Advisors LLC bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the fourth quarter worth $200,000. AdvisorNet Financial Inc increased its position in SPDR Portfolio S&P 500 Growth ETF by 11.5% during the fourth quarter. AdvisorNet Financial Inc now owns 9,863 shares of the company’s stock valued at $867,000 after acquiring an additional 1,019 shares during the last quarter. Cetera Investment Advisers lifted its holdings in SPDR Portfolio S&P 500 Growth ETF by 11.9% in the second quarter. Cetera Investment Advisers now owns 2,454,089 shares of the company’s stock valued at $196,646,000 after acquiring an additional 261,447 shares during the period. Finally, Tallon Kerry Patrick purchased a new position in SPDR Portfolio S&P 500 Growth ETF in the fourth quarter worth about $268,000.

SPDR Portfolio S&P 500 Growth ETF Stock Down 0.4 %

NYSEARCA SPYG opened at $92.02 on Friday. The company has a 50-day moving average price of $88.92 and a 200-day moving average price of $84.04. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $66.89 and a 52 week high of $92.76. The firm has a market capitalization of $31.59 billion, a P/E ratio of 27.22 and a beta of 1.14.

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).