Potentia Wealth Acquires New Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Potentia Wealth bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 38,163 shares of the company’s stock, valued at approximately $3,355,000. SPDR Portfolio S&P 500 Growth ETF makes up 1.5% of Potentia Wealth’s holdings, making the stock its 18th biggest position.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SPYG. River Street Advisors LLC lifted its stake 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 acquiring an additional 110 shares during the last quarter. Key Client Fiduciary Advisors LLC raised its holdings in shares of 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 in the last quarter. Diversified Enterprises LLC lifted its position in shares of 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 worth $730,000 after purchasing an additional 126 shares during the last quarter. Cozad Asset Management Inc. grew its stake in shares of 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 purchasing an additional 137 shares in the last quarter. Finally, Venturi Wealth Management LLC increased its holdings in SPDR Portfolio S&P 500 Growth ETF by 2.0% in the fourth quarter. Venturi Wealth Management LLC now owns 7,127 shares of the company’s stock valued at $626,000 after buying an additional 139 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Price Performance

SPDR Portfolio S&P 500 Growth ETF stock opened at $84.13 on Tuesday. The stock’s fifty day moving average is $87.81 and its two-hundred day moving average is $86.40. The stock has a market cap of $31.95 billion, a PE ratio of 29.52 and a beta of 1.08. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $68.48 and a 1-year high of $92.76.

SPDR Portfolio S&P 500 Growth ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, March 26th. Investors of record on Monday, March 24th will be paid a dividend of $0.117 per share. The ex-dividend date 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).