Rollins Financial Advisors LLC Has $4.73 Million Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Rollins Financial Advisors LLC lowered its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 0.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 53,860 shares of the company’s stock after selling 348 shares during the period. SPDR Portfolio S&P 500 Growth ETF accounts for 0.7% of Rollins Financial Advisors LLC’s portfolio, making the stock its 24th largest holding. Rollins Financial Advisors LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $4,734,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in SPYG. River Street Advisors LLC grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 0.9% in the 4th quarter. River Street Advisors LLC now owns 12,599 shares of the company’s stock valued at $1,107,000 after purchasing an additional 110 shares during the period. Tyler Stone Wealth Management boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 0.7% in the 4th quarter. Tyler Stone Wealth Management now owns 17,139 shares of the company’s stock valued at $1,507,000 after buying an additional 111 shares in the last quarter. Key Client Fiduciary Advisors LLC grew its position in SPDR Portfolio S&P 500 Growth ETF by 3.5% in the fourth quarter. Key Client Fiduciary Advisors LLC now owns 3,381 shares of the company’s stock valued at $297,000 after acquiring an additional 113 shares during the period. Diversified Enterprises LLC raised its stake in SPDR Portfolio S&P 500 Growth ETF by 1.5% during the fourth quarter. Diversified Enterprises LLC now owns 8,300 shares of the company’s stock worth $730,000 after acquiring an additional 126 shares in the last quarter. Finally, Cozad Asset Management Inc. raised its stake in SPDR Portfolio S&P 500 Growth ETF by 4.3% during the fourth quarter. Cozad Asset Management Inc. now owns 3,344 shares of the company’s stock worth $294,000 after acquiring an additional 137 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA:SPYG opened at $72.84 on Tuesday. The company has a market capitalization of $27.70 billion, a PE ratio of 29.10 and a beta of 1.12. The company’s fifty day moving average is $85.70 and its 200-day moving average is $86.39. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $68.48 and a 52 week high of $92.76.

SPDR Portfolio S&P 500 Growth ETF Cuts Dividend

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