SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) Holdings Lifted by Valmark Advisers Inc.

Valmark Advisers Inc. raised its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 2.4% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 4,638,687 shares of the company’s stock after purchasing an additional 107,423 shares during the period. SPDR Portfolio S&P 500 Growth ETF comprises about 6.0% of Valmark Advisers Inc.’s investment portfolio, making the stock its 3rd largest position. Valmark Advisers Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $384,733,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the business. EdgeRock Capital LLC bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the second quarter worth $26,000. Crewe Advisors LLC bought a new position in SPDR Portfolio S&P 500 Growth ETF in the first quarter worth approximately $28,000. Triad Wealth Partners LLC bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the 2nd quarter valued at $44,000. Woodmont Investment Counsel LLC bought a new stake in SPDR Portfolio S&P 500 Growth ETF during the first quarter valued at about $44,000. Finally, Hollencrest Capital Management bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the second quarter worth approximately $49,000.

SPDR Portfolio S&P 500 Growth ETF Stock Up 0.8 %

SPYG stock traded up $0.64 during mid-day trading on Tuesday, hitting $85.24. The company had a trading volume of 1,369,040 shares, compared to its average volume of 2,226,294. The company has a market capitalization of $29.26 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14. The company has a 50-day moving average price of $81.77 and a 200 day moving average price of $78.57. SPDR Portfolio S&P 500 Growth ETF has a 12-month low of $57.17 and a 12-month high of $85.27.

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).