SPDR Portfolio S&P 500 Growth ETF $SPYG Position Raised by Valmark Advisers Inc.

Valmark Advisers Inc. increased its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 4.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,884,338 shares of the company’s stock after acquiring an additional 223,140 shares during the period. SPDR Portfolio S&P 500 Growth ETF makes up about 5.7% of Valmark Advisers Inc.’s portfolio, making the stock its 3rd biggest holding. Valmark Advisers Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $478,226,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SPYG. United Financial Planning Group LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter valued at about $25,000. Hantz Financial Services Inc. raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 583.8% in the fourth quarter. Hantz Financial Services Inc. now owns 253 shares of the company’s stock worth $27,000 after purchasing an additional 216 shares during the last quarter. Financial Life Planners acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the first quarter worth about $27,000. Indiana Trust & Investment Management Co acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the first quarter worth about $27,000. Finally, New Millennium Group LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF in the fourth quarter valued at approximately $29,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

NYSEARCA:SPYG traded up $0.72 during midday trading on Friday, hitting $120.00. The company’s stock had a trading volume of 1,610,089 shares, compared to its average volume of 4,502,777. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $93.61 and a fifty-two week high of $122.92. The firm’s 50 day moving average is $118.03 and its 200-day moving average is $109.62. The firm has a market cap of $53.09 billion, a P/E ratio of 32.28 and a beta of 1.17.

SPDR Portfolio S&P 500 Growth ETF 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). The S&P 500 Growth Index measures the performance of the growth sector in the United States equity market. The selection universe for the S&P 500 Index includes all the United States common equities.