49 Wealth Management LLC Has $1.33 Million Stock Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

49 Wealth Management LLC raised its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 186.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 15,178 shares of the company’s stock after acquiring an additional 9,885 shares during the period. 49 Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $1,334,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. BankPlus Trust Department bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 4th quarter valued at approximately $25,000. Nemes Rush Group LLC grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 108.1% in the 4th quarter. Nemes Rush Group LLC now owns 281 shares of the company’s stock valued at $25,000 after purchasing an additional 146 shares during the period. Valued Wealth Advisors LLC bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 4th quarter valued at approximately $41,000. West Branch Capital LLC grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 916.1% in the 4th quarter. West Branch Capital LLC now owns 569 shares of the company’s stock valued at $50,000 after purchasing an additional 513 shares during the period. Finally, SRS Capital Advisors Inc. grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 226.1% in the 4th quarter. SRS Capital Advisors Inc. now owns 574 shares of the company’s stock valued at $50,000 after purchasing an additional 398 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Trading Down 1.5%

SPYG stock opened at $88.25 on Thursday. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $68.65 and a 1-year high of $92.76. The firm has a market cap of $33.91 billion, a P/E ratio of 29.85 and a beta of 1.12. The business’s 50 day moving average is $81.42 and its 200-day moving average is $85.96.

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).