Florida Financial Advisors LLC Has $3.97 Million Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Florida Financial Advisors LLC increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 29.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 45,205 shares of the company’s stock after acquiring an additional 10,238 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises about 1.8% of Florida Financial Advisors LLC’s holdings, making the stock its 13th largest position. Florida Financial Advisors LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $3,974,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in SPYG. Bay Capital Advisors LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the fourth quarter valued at about $1,118,000. Potentia Wealth acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the 4th quarter valued at approximately $3,355,000. PKS Advisory Services LLC bought a new position in SPDR Portfolio S&P 500 Growth ETF during the 4th quarter worth approximately $753,000. Signature Estate & Investment Advisors LLC lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 10.2% in the 4th quarter. Signature Estate & Investment Advisors LLC now owns 3,263 shares of the company’s stock worth $287,000 after purchasing an additional 303 shares during the period. Finally, Modern Wealth Management LLC boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 21.8% in the 4th quarter. Modern Wealth Management LLC now owns 258,721 shares of the company’s stock valued at $23,660,000 after purchasing an additional 46,251 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Up 2.3 %

Shares of NYSEARCA SPYG opened at $84.13 on Tuesday. The company has a market capitalization of $31.95 billion, a PE ratio of 29.52 and a beta of 1.08. The firm has a fifty day simple moving average of $87.81 and a 200 day simple moving average of $86.40. SPDR Portfolio S&P 500 Growth ETF has a twelve month low of $68.48 and a twelve month high of $92.76.

SPDR Portfolio S&P 500 Growth ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th will be paid a $0.117 dividend. The ex-dividend date is 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).