Hobart Private Capital LLC Sells 4,062 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Hobart Private Capital LLC lowered its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 2.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 203,288 shares of the company’s stock after selling 4,062 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF accounts for about 4.4% of Hobart Private Capital LLC’s investment portfolio, making the stock its 5th biggest position. Hobart Private Capital LLC owned about 0.06% of SPDR Portfolio S&P 500 Growth ETF worth $17,869,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Franklin Resources Inc. increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 132.3% in the third quarter. Franklin Resources Inc. now owns 13,196 shares of the company’s stock valued at $1,118,000 after purchasing an additional 7,516 shares in the last quarter. Fifth Third Wealth Advisors LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 4th quarter valued at $200,000. AdvisorNet Financial Inc raised its position in shares of 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 worth $867,000 after acquiring an additional 1,019 shares during the last quarter. Tallon Kerry Patrick acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the fourth quarter valued at $268,000. Finally, Redwood Investment Management LLC boosted its holdings in SPDR Portfolio S&P 500 Growth ETF by 128.0% in the third quarter. Redwood Investment Management LLC now owns 64,176 shares of the company’s stock valued at $5,395,000 after acquiring an additional 36,033 shares during the last quarter.

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

Shares of NYSEARCA SPYG opened at $90.69 on Friday. SPDR Portfolio S&P 500 Growth ETF has a 1 year low of $68.48 and a 1 year high of $92.76. The firm’s 50-day moving average is $89.68 and its 200-day moving average is $84.61. The firm has a market capitalization of $31.13 billion, a PE ratio of 27.22 and a beta of 1.14.

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).