Ballast Advisors cut stakes in two SPDR ETFs, while Townsquare and Assetmark increased theirs.

Ballast Advisors LLC reduced its holdings in two SPDR Portfolio ETFs: the S&P 500 Value ETF by 33.2% and the S&P 500 Growth ETF by 12.5%, according to recent SEC filings. Meanwhile, Townsquare Capital LLC increased its holdings in the SPDR Portfolio S&P 500 Growth ETF by 42.8%. Assetmark Inc. also slightly increased its stake in the SPDR S&P 600 Small Cap Growth ETF, which has a market cap of $3.47 billion and a PE ratio of 20.14.