Spire Wealth Management Lowers Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Spire Wealth Management decreased its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 3.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 72,724 shares of the company’s stock after selling 2,424 shares during the period. Spire Wealth Management’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $4,886,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in SPYG. Capital Investment Advisory Services LLC increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 3.0% in the 4th quarter. Capital Investment Advisory Services LLC now owns 28,466 shares of the company’s stock worth $1,852,000 after purchasing an additional 826 shares in the last quarter. Kestra Private Wealth Services LLC increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 116.7% in the fourth quarter. Kestra Private Wealth Services LLC now owns 176,939 shares of the company’s stock worth $11,512,000 after purchasing an additional 95,299 shares during the last quarter. Burney Co. boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 9.1% during the 3rd quarter. Burney Co. now owns 33,875 shares of the company’s stock valued at $2,008,000 after acquiring an additional 2,826 shares during the last quarter. FFT Wealth Management LLC grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 0.3% in the 3rd quarter. FFT Wealth Management LLC now owns 539,957 shares of the company’s stock worth $32,009,000 after buying an additional 1,575 shares in the last quarter. Finally, Fernwood Investment Management LLC increased its stake in SPDR Portfolio S&P 500 Growth ETF by 7.7% during the fourth quarter. Fernwood Investment Management LLC now owns 28,307 shares of the company’s stock worth $1,842,000 after acquiring an additional 2,018 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

NYSEARCA SPYG traded up $0.98 on Monday, hitting $73.23. 1,475,631 shares of the stock were exchanged, compared to its average volume of 2,150,712. The stock has a fifty day moving average price of $71.97 and a two-hundred day moving average price of $67.18. The firm has a market capitalization of $25.14 billion, a P/E ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $55.66 and a 52-week high of $74.10.

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).