WealthTrak Capital Management LLC Invests $4.08 Million in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

WealthTrak Capital Management LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 46,446 shares of the company’s stock, valued at approximately $4,083,000. SPDR Portfolio S&P 500 Growth ETF makes up 3.5% of WealthTrak Capital Management LLC’s investment portfolio, making the stock its 5th largest position.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. BankPlus Trust Department purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the fourth quarter valued at $25,000. Brown Brothers Harriman & Co. acquired a new stake in SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter valued at about $36,000. Valued Wealth Advisors LLC purchased a new position in SPDR Portfolio S&P 500 Growth ETF during the 4th quarter valued at about $41,000. Urban Financial Advisory Corp acquired a new position in SPDR Portfolio S&P 500 Growth ETF during the third quarter worth about $45,000. Finally, West Branch Capital LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 916.1% in the fourth quarter. West Branch Capital LLC now owns 569 shares of the company’s stock valued at $50,000 after purchasing an additional 513 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Price Performance

SPYG stock opened at $80.12 on Friday. The company’s 50 day simple moving average is $87.30 and its 200-day simple moving average is $86.42. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $68.48 and a 12 month high of $92.76. The firm has a market capitalization of $30.43 billion, a PE ratio of 29.52 and a beta of 1.08.

SPDR Portfolio S&P 500 Growth ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th were issued a dividend of $0.117 per share. The ex-dividend date was Monday, March 24th.

About SPDR Portfolio S&P 500 Growth ETF

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).