SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) is Sequent Asset Management LLC’s 6th Largest Position

Sequent Asset Management LLC cut its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 4.2% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 116,755 shares of the company’s stock after selling 5,156 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF makes up 4.8% of Sequent Asset Management LLC’s investment portfolio, making the stock its 6th biggest holding. Sequent Asset Management LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $9,684,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. EdgeRock Capital LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the second quarter valued at about $26,000. Crewe Advisors LLC acquired a new position in SPDR Portfolio S&P 500 Growth ETF in the 1st quarter valued at about $28,000. Triad Wealth Partners LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF during the 2nd quarter valued at approximately $44,000. Hollencrest Capital Management acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the 2nd quarter worth approximately $49,000. Finally, Family Asset Management LLC grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 66.8% in the 2nd quarter. Family Asset Management LLC now owns 619 shares of the company’s stock valued at $50,000 after purchasing an additional 248 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Price Performance

SPDR Portfolio S&P 500 Growth ETF stock opened at $87.59 on Friday. The business has a 50 day simple moving average of $82.50 and a 200-day simple moving average of $79.34. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $60.18 and a 12 month high of $87.78. The stock has a market capitalization of $30.07 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).