Wambolt & Associates LLC Trims Holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Wambolt & Associates LLC lowered its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYGFree Report) by 7.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 50,511 shares of the company’s stock after selling 4,078 shares during the period. SPDR Portfolio S&P 500 Growth ETF accounts for 1.4% of Wambolt & Associates LLC’s investment portfolio, making the stock its 17th largest position. Wambolt & Associates LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $4,440,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Nwam LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth approximately $274,000. Brown Brothers Harriman & Co. acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the third quarter worth $36,000. Truvestments Capital LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the third quarter worth $71,000. Hancock Whitney Corp purchased a new stake in SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at $207,000. Finally, D.A. Davidson & CO. acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter valued at $218,000.

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

Shares of NYSEARCA:SPYG opened at $84.13 on Tuesday. The company has a market capitalization 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 has a 12-month low of $68.48 and a 12-month high of $92.76. The business has a 50-day moving average price of $87.81 and a 200 day moving average price of $86.40.

SPDR Portfolio S&P 500 Growth ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th will be given a dividend of $0.117 per share. The ex-dividend date is Monday, March 24th.

About SPDR Portfolio S&P 500 Growth ETF

(Free Report)

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).

Further Reading

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

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