Balanced Wealth Group LLC Purchases New Shares in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Balanced Wealth Group LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 112,537 shares of the company’s stock, valued at approximately $7,322,000. SPDR Portfolio S&P 500 Growth ETF comprises approximately 3.8% of Balanced Wealth Group LLC’s investment portfolio, making the stock its 7th largest holding.

A number of other institutional investors have also recently bought and sold shares of the business. Capital Investment Advisory Services LLC increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 3.0% during the fourth quarter. Capital Investment Advisory Services LLC now owns 28,466 shares of the company’s stock worth $1,852,000 after buying an additional 826 shares in the last quarter. Kestra Private Wealth Services LLC increased its position in 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 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 third quarter. Burney Co. now owns 33,875 shares of the company’s stock valued at $2,008,000 after purchasing an additional 2,826 shares during the period. FFT Wealth Management LLC boosted its stake in 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 purchasing 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% in the 4th quarter. Fernwood Investment Management LLC now owns 28,307 shares of the company’s stock worth $1,842,000 after buying an additional 2,018 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Trading Down 0.1 %

Shares of NYSEARCA SPYG traded down $0.05 during midday trading on Wednesday, hitting $73.15. The company’s stock had a trading volume of 1,585,114 shares, compared to its average volume of 2,195,796. The business’s 50 day moving average is $72.05 and its two-hundred day moving average is $67.37. SPDR Portfolio S&P 500 Growth ETF has a 12-month low of $55.66 and a 12-month high of $74.10. The firm has a market cap of $25.11 billion, a P/E ratio of 27.22 and a beta of 1.14.

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).