Wambolt & Associates LLC Cuts Stock Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Wambolt & Associates LLC trimmed its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 7.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 50,511 shares of the company’s stock after selling 4,078 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF accounts for approximately 1.4% of Wambolt & Associates LLC’s investment portfolio, making the stock its 17th biggest position. Wambolt & Associates LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $4,440,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of SPYG. BankPlus Trust Department acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the fourth quarter valued at $25,000. Brown Brothers Harriman & Co. acquired a new stake in SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter valued at about $36,000. Valued Wealth Advisors LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF in the 4th quarter valued at about $41,000. Urban Financial Advisory Corp purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter valued at about $45,000. Finally, West Branch Capital LLC grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 916.1% during the fourth quarter. West Branch Capital LLC now owns 569 shares of the company’s stock worth $50,000 after buying an additional 513 shares in the last quarter.

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

Shares of NYSEARCA:SPYG opened at $84.13 on Tuesday. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $68.48 and a fifty-two week high of $92.76. The firm’s 50 day moving average price is $87.81 and its 200 day moving average price is $86.40. The stock has a market cap of $31.95 billion, a price-to-earnings ratio of 29.52 and a beta of 1.08.

SPDR Portfolio S&P 500 Growth ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th will be issued a $0.117 dividend. The ex-dividend date is 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).