SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) Position Cut by Patriot Financial Group Insurance Agency LLC

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Patriot Financial Group Insurance Agency LLC trimmed its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 78.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,939 shares of the company’s stock after selling 17,466 shares during the quarter. Patriot Financial Group Insurance Agency LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $207,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Ladenburg Thalmann Financial Services Inc. lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 27.2% in the 2nd quarter. Ladenburg Thalmann Financial Services Inc. now owns 3,448,197 shares of the company’s stock worth $133,567,000 after acquiring an additional 737,634 shares in the last quarter. UBS Group AG increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 4.0% in the second quarter. UBS Group AG now owns 1,776,217 shares of the company’s stock worth $68,793,000 after acquiring an additional 67,519 shares during the last quarter. Nicolet Advisory Services LLC increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 6.4% in the third quarter. Nicolet Advisory Services LLC now owns 1,685,273 shares of the company’s stock worth $65,540,000 after acquiring an additional 100,885 shares during the last quarter. Morgan Stanley raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 3.5% during the second quarter. Morgan Stanley now owns 1,341,192 shares of the company’s stock worth $51,944,000 after acquiring an additional 45,967 shares in the last quarter. Finally, Allworth Financial LP raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 0.3% during the fourth quarter. Allworth Financial LP now owns 1,231,229 shares of the company’s stock worth $51,601,000 after acquiring an additional 4,081 shares in the last quarter.

Shares of SPYG stock opened at $44.13 on Friday. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $33.73 and a fifty-two week high of $44.18. The stock’s 50-day moving average is $42.21 and its two-hundred day moving average is $40.02.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were given a dividend of $0.1605 per share. This represents a $0.64 annualized dividend and a yield of 1.45%. The ex-dividend date was Monday, December 23rd. This is a positive change from SPDR Portfolio S&P 500 Growth ETF’s previous quarterly dividend of $0.12.

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).

See Also: Relative Strength Index

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Institutional Ownership by Quarter for SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

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