Sequoia Financial Advisors LLC Raises Holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Sequoia Financial Advisors LLC raised its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 4.7% during the first quarter, Holdings Channel reports. The firm owned 104,755 shares of the company’s stock after buying an additional 4,713 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $8,419,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of SPYG. Nemes Rush Group LLC increased its stake in SPDR Portfolio S&P 500 Growth ETF by 108.1% during the 4th quarter. Nemes Rush Group LLC now owns 281 shares of the company’s stock worth $25,000 after buying an additional 146 shares during the period. Barrett & Company Inc. acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the first quarter worth about $32,000. Security National Bank increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 90.9% during the first quarter. Security National Bank now owns 443 shares of the company’s stock worth $36,000 after buying an additional 211 shares during the period. SRS Capital Advisors Inc. raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 226.1% in the fourth quarter. SRS Capital Advisors Inc. now owns 574 shares of the company’s stock valued at $50,000 after acquiring an additional 398 shares in the last quarter. Finally, Ameriflex Group Inc. purchased a new position in SPDR Portfolio S&P 500 Growth ETF in the fourth quarter worth approximately $53,000.

SPDR Portfolio S&P 500 Growth ETF Trading Up 0.9%

SPDR Portfolio S&P 500 Growth ETF stock opened at $94.24 on Friday. The company has a fifty day simple moving average of $87.55 and a 200-day simple moving average of $86.67. The stock has a market cap of $37.22 billion, a P/E ratio of 32.28 and a beta of 1.05. SPDR Portfolio S&P 500 Growth ETF has a 12-month low of $68.65 and a 12-month high of $94.35.

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).