Valeo Financial Advisors LLC Raises Stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Valeo Financial Advisors LLC increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 7.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 31,767 shares of the company’s stock after buying an additional 2,331 shares during the period. Valeo Financial Advisors LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $2,792,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. White Pine Capital LLC boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 2.6% during the 4th quarter. White Pine Capital LLC now owns 17,259 shares of the company’s stock valued at $1,517,000 after acquiring an additional 430 shares during the last quarter. Rooted Wealth Advisors Inc. boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 7.9% during the 4th quarter. Rooted Wealth Advisors Inc. now owns 140,466 shares of the company’s stock valued at $12,452,000 after acquiring an additional 10,308 shares during the last quarter. Farmers & Merchants Trust Co of Chambersburg PA boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 19.9% during the 4th quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 10,129 shares of the company’s stock valued at $890,000 after acquiring an additional 1,681 shares during the last quarter. Sunburst Financial Group LLC boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 9.6% during the 4th quarter. Sunburst Financial Group LLC now owns 329,708 shares of the company’s stock valued at $28,981,000 after acquiring an additional 28,945 shares during the last quarter. Finally, Consolidated Planning Corp bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the 4th quarter valued at about $3,062,000.

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

Shares of SPYG opened at $92.33 on Friday. The company has a market cap of $31.69 billion, a PE ratio of 27.22 and a beta of 1.14. The stock has a 50-day moving average price of $89.93 and a 200-day moving average price of $85.13. 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).