Gladstone Institutional Advisory LLC Purchases 48,526 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Gladstone Institutional Advisory LLC raised its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 21.4% during the 4th quarter, HoldingsChannel reports. The fund owned 275,222 shares of the company’s stock after buying an additional 48,526 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises about 1.1% of Gladstone Institutional Advisory LLC’s portfolio, making the stock its 14th largest holding. Gladstone Institutional Advisory LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $24,192,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of SPYG. Brown Brothers Harriman & Co. bought a new stake in SPDR Portfolio S&P 500 Growth ETF during the third quarter worth about $36,000. Valued Wealth Advisors LLC bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the 4th quarter worth approximately $41,000. Costello Asset Management INC raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 58.0% during the 3rd quarter. Costello Asset Management INC now owns 545 shares of the company’s stock worth $45,000 after purchasing an additional 200 shares in the last quarter. Urban Financial Advisory Corp acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter valued at approximately $45,000. Finally, West Branch Capital LLC grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 916.1% in the fourth quarter. West Branch Capital LLC now owns 569 shares of the company’s stock valued at $50,000 after buying an additional 513 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Trading Down 0.3 %

Shares of SPYG opened at $91.17 on Wednesday. The company has a market cap of $31.29 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14. The company’s fifty day simple moving average is $89.75 and its 200 day simple moving average is $84.78. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $68.48 and a 1-year high of $92.76.

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).