Sunburst Financial Group LLC Has $19.71 Million Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Sunburst Financial Group LLC raised its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 8.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 269,010 shares of the company’s stock after buying an additional 21,164 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises about 5.6% of Sunburst Financial Group LLC’s portfolio, making the stock its 5th largest position. Sunburst Financial Group LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $19,710,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in SPYG. Northwest Investment Counselors LLC acquired a new position in SPDR Portfolio S&P 500 Growth ETF during the first quarter valued at approximately $26,000. Headinvest LLC acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth $29,000. Pineridge Advisors LLC bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the 4th quarter worth $31,000. Headlands Technologies LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF in the fourth quarter valued at about $32,000. Finally, EdgeRock Capital LLC bought a new position in SPDR Portfolio S&P 500 Growth ETF in the fourth quarter valued at about $34,000.

SPDR Portfolio S&P 500 Growth ETF Stock Up 0.4 %

Shares of SPYG stock traded up $0.36 on Friday, reaching $81.08. The company had a trading volume of 442,608 shares, compared to its average volume of 2,250,240. The stock has a market capitalization of $27.83 billion, a PE ratio of 27.22 and a beta of 1.14. The business’s 50-day moving average is $75.39 and its 200 day moving average is $71.34. SPDR Portfolio S&P 500 Growth ETF has a one year low of $56.78 and a one year high of $81.51.

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).