Stone Wealth Partners Invests $13.54 Million in SPDR Portfolio S&P 500 Growth ETF $SPYG

Stone Wealth Partners bought a new position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 126,943 shares of the company’s stock, valued at approximately $13,545,000. SPDR Portfolio S&P 500 Growth ETF makes up 12.1% of Stone Wealth Partners’ investment portfolio, making the stock its largest holding.

Several other hedge funds have also bought and sold shares of the business. Optiver Holding B.V. bought a new stake in SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter valued at $25,000. United Financial Planning Group LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at $25,000. Financial Life Planners bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at $26,000. Hantz Financial Services Inc. lifted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 583.8% in the fourth quarter. Hantz Financial Services Inc. now owns 253 shares of the company’s stock valued at $27,000 after buying an additional 216 shares in the last quarter. Finally, New Millennium Group LLC acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the fourth quarter valued at about $29,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of NYSEARCA SPYG opened at $119.54 on Friday. The company has a 50-day moving average price of $115.32 and a 200-day moving average price of $108.40. The stock has a market capitalization of $52.68 billion, a P/E ratio of 32.28 and a beta of 1.17. SPDR Portfolio S&P 500 Growth ETF has a 1 year low of $90.21 and a 1 year high of $122.92.

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). The S&P 500 Growth Index measures the performance of the growth sector in the United States equity market. The selection universe for the S&P 500 Index includes all the United States common equities.