Potentia Wealth Acquires Shares of 38,163 SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Potentia Wealth acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 38,163 shares of the company’s stock, valued at approximately $3,355,000. SPDR Portfolio S&P 500 Growth ETF accounts for about 1.5% of Potentia Wealth’s holdings, making the stock its 18th biggest position.

Other hedge funds and other institutional investors have also made changes to their positions in the company. PKS Advisory Services LLC acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the 4th quarter valued at $753,000. Signature Estate & Investment Advisors LLC boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 10.2% during the fourth quarter. Signature Estate & Investment Advisors LLC now owns 3,263 shares of the company’s stock worth $287,000 after buying an additional 303 shares during the period. Modern Wealth Management LLC grew its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 21.8% during the fourth quarter. Modern Wealth Management LLC now owns 258,721 shares of the company’s stock worth $23,660,000 after buying an additional 46,251 shares during the last quarter. Prudential Financial Inc. increased its position in SPDR Portfolio S&P 500 Growth ETF by 51.3% in the 4th quarter. Prudential Financial Inc. now owns 1,336,348 shares of the company’s stock valued at $117,465,000 after acquiring an additional 453,030 shares during the period. Finally, TAGStone Capital Inc. raised its stake in SPDR Portfolio S&P 500 Growth ETF by 1.7% during the 4th quarter. TAGStone Capital Inc. now owns 112,707 shares of the company’s stock valued at $9,907,000 after acquiring an additional 1,833 shares during the last quarter.

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

Shares of SPYG stock opened at $84.13 on Tuesday. The company has a market capitalization of $31.95 billion, a P/E ratio of 29.52 and a beta of 1.08. The business’s 50 day moving average is $87.81 and its two-hundred day moving average is $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 company also recently disclosed a dividend, which will be paid on Wednesday, March 26th. Investors of record on Monday, March 24th will be given a $0.117 dividend. The ex-dividend date of this dividend 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).