Red Crane Wealth Management LLC Takes $4.21 Million Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Red Crane Wealth Management LLC bought a new stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) in the 4th quarter, Holdings Channel.com reports. The firm bought 47,871 shares of the company’s stock, valued at approximately $4,208,000. SPDR Portfolio S&P 500 Growth ETF accounts for about 4.0% of Red Crane Wealth Management LLC’s portfolio, making the stock its 6th largest position.

A number of other hedge funds and other institutional investors have also bought and sold shares of SPYG. River Street Advisors LLC boosted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 0.9% during the 4th quarter. River Street Advisors LLC now owns 12,599 shares of the company’s stock worth $1,107,000 after buying an additional 110 shares during the period. Key Client Fiduciary Advisors LLC increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 3.5% during the fourth quarter. Key Client Fiduciary Advisors LLC now owns 3,381 shares of the company’s stock worth $297,000 after purchasing an additional 113 shares during the period. Venturi Wealth Management LLC lifted its holdings in SPDR Portfolio S&P 500 Growth ETF by 2.0% during the 4th quarter. Venturi Wealth Management LLC now owns 7,127 shares of the company’s stock worth $626,000 after purchasing an additional 139 shares during the last quarter. AlphaMark Advisors LLC grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 4.2% in the 4th quarter. AlphaMark Advisors LLC now owns 3,467 shares of the company’s stock valued at $305,000 after buying an additional 141 shares in the last quarter. Finally, Principle Wealth Partners LLC increased its position in SPDR Portfolio S&P 500 Growth ETF by 2.0% during the 4th quarter. Principle Wealth Partners LLC now owns 7,277 shares of the company’s stock worth $640,000 after buying an additional 145 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

SPYG stock opened at $87.69 on Wednesday. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $68.48 and a 52 week high of $92.76. The company has a market capitalization of $30.10 billion, a PE ratio of 27.22 and a beta of 1.14. The company’s 50-day simple moving average is $89.97 and its 200 day simple moving average is $85.93.

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).