Sunburst Financial Group LLC Has $44.06 Million Stock Position in SPDR Portfolio S&P 500 Growth ETF $SPYG

Sunburst Financial Group LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 4.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 370,318 shares of the company’s stock after acquiring an additional 14,839 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF accounts for about 7.1% of Sunburst Financial Group LLC’s holdings, making the stock its 4th largest position. Sunburst Financial Group LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $44,064,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. N.E.W. Advisory Services LLC increased its holdings in SPDR Portfolio S&P 500 Growth ETF by 42.5% during the fourth quarter. N.E.W. Advisory Services LLC now owns 37,488 shares of the company’s stock worth $4,000,000 after buying an additional 11,188 shares during the last quarter. U.S. Capital Wealth Advisors LLC boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 9.4% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 98,671 shares of the company’s stock valued at $10,528,000 after acquiring an additional 8,450 shares during the last quarter. Sightline Wealth Advisors LLC grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 17.4% during the 4th quarter. Sightline Wealth Advisors LLC now owns 44,368 shares of the company’s stock valued at $4,734,000 after acquiring an additional 6,575 shares during the period. Meridian Wealth Management LLC grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 49.7% during the 4th quarter. Meridian Wealth Management LLC now owns 94,548 shares of the company’s stock valued at $10,088,000 after acquiring an additional 31,383 shares during the period. Finally, SmartHarvest Portfolios LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 4th quarter valued at approximately $609,000.

SPDR Portfolio S&P 500 Growth ETF Stock Up 0.7%

Shares of SPYG stock opened at $123.02 on Friday. The firm has a market cap of $54.46 billion, a P/E ratio of 32.28 and a beta of 1.17. The company has a 50 day moving average of $118.02 and a 200-day moving average of $111.07. SPDR Portfolio S&P 500 Growth ETF has a 12-month low of $93.61 and a 12-month high of $124.04.

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.