Sunburst Financial Group LLC Acquires 28,945 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Sunburst Financial Group LLC boosted its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 9.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 329,708 shares of the company’s stock after purchasing an additional 28,945 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises approximately 7.2% of Sunburst Financial Group LLC’s portfolio, making the stock its 6th biggest position. Sunburst Financial Group LLC owned approximately 0.10% of SPDR Portfolio S&P 500 Growth ETF worth $28,981,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Consolidated Planning Corp purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the 4th quarter worth approximately $3,062,000. McClarren Financial Advisors Inc. lifted its position in SPDR Portfolio S&P 500 Growth ETF by 70.1% in the fourth quarter. McClarren Financial Advisors Inc. now owns 6,862 shares of the company’s stock valued at $603,000 after acquiring an additional 2,828 shares during the last quarter. Gladstone Institutional Advisory LLC boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 21.4% in the fourth quarter. Gladstone Institutional Advisory LLC now owns 275,222 shares of the company’s stock valued at $24,192,000 after acquiring an additional 48,526 shares in the last quarter. TFB Advisors LLC grew its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 4.5% during the fourth quarter. TFB Advisors LLC now owns 11,859 shares of the company’s stock worth $1,042,000 after purchasing an additional 513 shares during the last quarter. Finally, Wealth Advisors Northwest LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the fourth quarter worth about $2,331,000.

SPDR Portfolio S&P 500 Growth ETF Stock Up 1.3 %

Shares of NYSEARCA SPYG opened at $92.12 on Friday. The business has a 50-day moving average price of $89.83 and a 200 day moving average price of $84.92. The stock has a market cap of $31.62 billion, a PE ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $68.48 and a 52-week high of $92.76.

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).