Valmark Advisers Inc. Sells 3,444 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Valmark Advisers Inc. lowered its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 0.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,635,243 shares of the company’s stock after selling 3,444 shares during the period. SPDR Portfolio S&P 500 Growth ETF comprises 6.3% of Valmark Advisers Inc.’s holdings, making the stock its 2nd biggest holding. Valmark Advisers Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $407,438,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Franklin Resources Inc. grew its stake in shares of 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 last quarter. Fifth Third Wealth Advisors LLC acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the 4th quarter worth approximately $200,000. Rede Wealth LLC grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 8.6% in the 4th quarter. Rede Wealth LLC now owns 24,108 shares of the company’s stock worth $2,119,000 after purchasing an additional 1,903 shares during the last quarter. AdvisorNet Financial Inc grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 11.5% in the 4th quarter. AdvisorNet Financial Inc now owns 9,863 shares of the company’s stock worth $867,000 after purchasing an additional 1,019 shares during the last quarter. Finally, Tallon Kerry Patrick acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the 4th quarter worth approximately $268,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of SPYG opened at $92.33 on Friday. SPDR Portfolio S&P 500 Growth ETF has a 12-month low of $68.48 and a 12-month high of $92.76. The firm’s 50 day moving average is $89.93 and its 200-day moving average is $85.13. The stock has a market capitalization of $31.69 billion, a P/E 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).