Mount Yale Investment Advisors LLC Invests $52.90 Million in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Mount Yale Investment Advisors LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 601,776 shares of the company’s stock, valued at approximately $52,896,000. SPDR Portfolio S&P 500 Growth ETF makes up approximately 4.3% of Mount Yale Investment Advisors LLC’s portfolio, making the stock its 3rd biggest position.

A number of other hedge funds also recently added to or reduced their stakes in the business. Franklin Resources Inc. grew its stake in SPDR Portfolio S&P 500 Growth ETF by 132.3% in the third quarter. Franklin Resources Inc. now owns 13,196 shares of the company’s stock valued at $1,118,000 after purchasing an additional 7,516 shares during the last quarter. Fifth Third Wealth Advisors LLC purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the 4th quarter worth approximately $200,000. AdvisorNet Financial Inc raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 11.5% during the 4th quarter. AdvisorNet Financial Inc now owns 9,863 shares of the company’s stock worth $867,000 after acquiring an additional 1,019 shares in the last quarter. Cetera Investment Advisers lifted its position in SPDR Portfolio S&P 500 Growth ETF by 11.9% during the second quarter. Cetera Investment Advisers now owns 2,454,089 shares of the company’s stock valued at $196,646,000 after acquiring an additional 261,447 shares during the last quarter. Finally, Tallon Kerry Patrick purchased a new stake in SPDR Portfolio S&P 500 Growth ETF during the fourth quarter valued at approximately $268,000.

SPDR Portfolio S&P 500 Growth ETF Trading Down 0.4 %

NYSEARCA SPYG opened at $92.02 on Monday. The firm’s fifty day simple moving average is $88.92 and its two-hundred day simple moving average is $84.05. The firm has a market capitalization of $31.59 billion, a P/E ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a 12-month low of $66.89 and a 12-month high of $92.76.

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).