Tandem Capital Management Corp ADV Sells 400 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Tandem Capital Management Corp ADV lowered its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 6.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 5,795 shares of the company’s stock after selling 400 shares during the period. Tandem Capital Management Corp ADV’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $509,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Brown Brothers Harriman & Co. purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the third quarter worth approximately $36,000. Valued Wealth Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the fourth 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% in the third quarter. Costello Asset Management INC now owns 545 shares of the company’s stock worth $45,000 after purchasing an additional 200 shares during the last quarter. Urban Financial Advisory Corp purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the third quarter valued at approximately $45,000. Finally, West Branch Capital LLC increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 916.1% during the fourth quarter. West Branch Capital LLC now owns 569 shares of the company’s stock valued at $50,000 after acquiring an additional 513 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Trading Down 0.8 %

Shares of SPYG opened at $89.45 on Tuesday. The company has a market capitalization of $30.70 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14. The stock has a 50 day moving average of $89.31 and a 200 day moving average of $84.31. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $68.48 and a 12 month high of $92.76.

SPDR Portfolio S&P 500 Growth ETF Company 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).