Rooted Wealth Advisors Inc. Purchases 8,022 Shares of SPDR Portfolio S&P 500 Growth ETF $SPYG

Rooted Wealth Advisors Inc. raised its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 4.4% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 192,017 shares of the company’s stock after acquiring an additional 8,022 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises approximately 4.7% of Rooted Wealth Advisors Inc.’s investment portfolio, making the stock its 4th largest holding. Rooted Wealth Advisors Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $18,800,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in SPYG. Morgan Stanley raised its stake in SPDR Portfolio S&P 500 Growth ETF by 95.9% in the fourth quarter. Morgan Stanley now owns 16,219,528 shares of the company’s stock valued at $1,730,624,000 after buying an additional 7,939,766 shares in the last quarter. Allworth Financial LP raised its position in SPDR Portfolio S&P 500 Growth ETF by 8.7% in the 4th quarter. Allworth Financial LP now owns 12,384,946 shares of the company’s stock valued at $1,321,474,000 after purchasing an additional 990,106 shares during the last quarter. Valpey Financial Services LLC boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 8,907.1% during the fourth quarter. Valpey Financial Services LLC now owns 689,133 shares of the company’s stock worth $73,530,000 after buying an additional 681,482 shares during the period. Stifel Financial Corp grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 63.8% in the 4th quarter. Stifel Financial Corp now owns 1,729,269 shares of the company’s stock valued at $184,514,000 after purchasing an additional 673,790 shares during the last quarter. Finally, Benjamin Edwards Inc. boosted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 81.4% in the fourth quarter. Benjamin Edwards Inc. now owns 1,342,569 shares of the company’s stock valued at $143,254,000 after acquiring an additional 602,485 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Price Performance

SPDR Portfolio S&P 500 Growth ETF stock opened at $114.71 on Friday. The stock’s 50 day moving average price is $116.61 and its 200 day moving average price is $108.79. The company has a market cap of $50.55 billion, a PE ratio of 32.28 and a beta of 1.17. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $93.61 and a 1-year high of $122.92.

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.