Rooted Wealth Advisors Inc. Has $18.80 Million Stock Position in SPDR Portfolio S&P 500 Growth ETF $SPYG

Rooted Wealth Advisors Inc. boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 4.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 192,017 shares of the company’s stock after buying an additional 8,022 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF makes up 4.7% of Rooted Wealth Advisors Inc.’s portfolio, making the stock its 4th largest position. Rooted Wealth Advisors Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $18,800,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also made changes to their positions in SPYG. Optiver Holding B.V. bought a new position in SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth about $25,000. United Financial Planning Group LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter valued at $25,000. Financial Life Planners purchased a new stake in SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth approximately $26,000. Hantz Financial Services Inc. increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 583.8% in the fourth quarter. Hantz Financial Services Inc. now owns 253 shares of the company’s stock valued at $27,000 after purchasing an additional 216 shares during the period. Finally, New Millennium Group LLC purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the fourth quarter worth $29,000.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

SPYG opened at $114.71 on Friday. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $93.61 and a fifty-two week high of $122.92. The company has a fifty day moving average of $116.61 and a two-hundred day moving average of $108.79. The stock has a market capitalization of $50.55 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17.

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.