SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) Position Increased by Summit Financial LLC

Summit Financial LLC lifted its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 11.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 154,226 shares of the company’s stock after buying an additional 15,347 shares during the quarter. Summit Financial LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $13,556,000 as of its most recent filing with the SEC.

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

SPDR Portfolio S&P 500 Growth ETF Trading Down 2.5 %

Shares of NYSEARCA:SPYG opened at $80.12 on Monday. The firm’s 50 day moving average is $87.30 and its two-hundred day moving average is $86.53. The firm has a market capitalization of $30.43 billion, a P/E ratio of 29.52 and a beta of 1.08. 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 firm also recently announced 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 of this dividend was Monday, March 24th.

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).