FORVIS Wealth Advisors LLC Decreases Stock Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

FORVIS Wealth Advisors LLC decreased its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 29.1% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 4,955 shares of the company’s stock after selling 2,037 shares during the period. FORVIS Wealth Advisors LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $302,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Retirement Group LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the 4th quarter valued at approximately $27,000. Hollencrest Capital Management acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the first quarter worth approximately $28,000. Ancora Advisors LLC bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the first quarter worth $39,000. Patriot Investment Management Group Inc. acquired a new stake in SPDR Portfolio S&P 500 Growth ETF in the fourth quarter valued at $52,000. Finally, Farmers & Merchants Trust Co of Chambersburg PA boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 48.5% during the 2nd quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 1,335 shares of the company’s stock valued at $81,000 after acquiring an additional 436 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of SPDR Portfolio S&P 500 Growth ETF stock opened at $61.27 on Friday. SPDR Portfolio S&P 500 Growth ETF has a 1 year low of $49.54 and a 1 year high of $63.08. The firm’s 50-day simple moving average is $60.11 and its 200-day simple moving average is $59.76. The firm has a market cap of $18.10 billion, a PE ratio of 20.70 and a beta of 1.05.

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).