Solano Wealth Management Inc. Invests $200,000 in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Solano Wealth Management Inc. acquired a new stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 3,080 shares of the company’s stock, valued at approximately $200,000. SPDR Portfolio S&P 500 Growth ETF accounts for about 0.1% of Solano Wealth Management Inc.’s investment portfolio, making the stock its 27th biggest holding.

A number of other large investors have also bought and sold shares of the business. Capital Investment Advisory Services LLC raised 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 valued at $1,852,000 after purchasing an additional 826 shares during the period. Kestra Private Wealth Services LLC lifted its position 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 valued at $11,512,000 after buying an additional 95,299 shares during the last quarter. Burney Co. boosted its stake 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 worth $2,008,000 after acquiring an additional 2,826 shares during the period. FFT Wealth Management LLC increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 0.3% during the 3rd quarter. FFT Wealth Management LLC now owns 539,957 shares of the company’s stock worth $32,009,000 after acquiring an additional 1,575 shares during the last quarter. Finally, Fernwood Investment Management LLC raised its stake in SPDR Portfolio S&P 500 Growth ETF by 7.7% in the 4th quarter. Fernwood Investment Management LLC now owns 28,307 shares of the company’s stock valued at $1,842,000 after acquiring an additional 2,018 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Price Performance

SPYG stock traded up $1.36 during midday trading on Friday, reaching $72.25. 1,597,087 shares of the company were exchanged, compared to its average volume of 2,158,557. SPDR Portfolio S&P 500 Growth ETF has a one year low of $54.73 and a one year high of $74.10. The firm has a market capitalization of $24.80 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14. The business has a 50-day moving average price of $71.97 and a two-hundred day moving average price of $67.13.

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).