Murphy & Mullick Capital Management Corp Invests $114,000 in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Murphy & Mullick Capital Management Corp purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 1,299 shares of the company’s stock, valued at approximately $114,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SPYG. Raymond James Financial Inc. bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 4th quarter worth approximately $323,542,000. Dynasty Wealth Management LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the fourth quarter valued at approximately $311,395,000. LPL Financial LLC lifted its holdings in SPDR Portfolio S&P 500 Growth ETF by 8.3% during the fourth quarter. LPL Financial LLC now owns 34,023,208 shares of the company’s stock worth $2,990,640,000 after acquiring an additional 2,620,046 shares during the period. Independent Advisor Alliance boosted its position in SPDR Portfolio S&P 500 Growth ETF by 7,157.9% in the fourth quarter. Independent Advisor Alliance now owns 1,598,110 shares of the company’s stock worth $140,474,000 after purchasing an additional 1,576,091 shares during the last quarter. Finally, Kestra Investment Management LLC grew its stake in SPDR Portfolio S&P 500 Growth ETF by 70.3% in the 3rd quarter. Kestra Investment Management LLC now owns 2,251,726 shares of the company’s stock valued at $186,758,000 after purchasing an additional 929,872 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Price Performance

NYSEARCA SPYG opened at $82.68 on Thursday. The business’s fifty day moving average is $87.63 and its 200-day moving average is $86.43. The stock has a market capitalization of $31.40 billion, a price-to-earnings ratio of 29.52 and a beta of 1.08. SPDR Portfolio S&P 500 Growth ETF has a one year low of $68.48 and a one year high of $92.76.

SPDR Portfolio S&P 500 Growth ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th were given a $0.117 dividend. The ex-dividend date was Monday, March 24th.

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).