Wells Fargo & Company MN Buys 99,908 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Wells Fargo & Company MN boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 5.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,097,125 shares of the company’s stock after purchasing an additional 99,908 shares during the period. Wells Fargo & Company MN owned about 0.61% of SPDR Portfolio S&P 500 Growth ETF worth $184,337,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Nemes Rush Group LLC grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 108.1% during the 4th quarter. Nemes Rush Group LLC now owns 281 shares of the company’s stock valued at $25,000 after purchasing an additional 146 shares during the period. BankPlus Trust Department purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the fourth quarter worth approximately $25,000. Valued Wealth Advisors LLC bought a new stake in SPDR Portfolio S&P 500 Growth ETF during the fourth quarter valued at approximately $41,000. Urban Financial Advisory Corp purchased a new stake in SPDR Portfolio S&P 500 Growth ETF during the third quarter valued at approximately $45,000. Finally, West Branch Capital LLC raised its position in SPDR Portfolio S&P 500 Growth ETF by 916.1% in the fourth quarter. West Branch Capital LLC now owns 569 shares of the company’s stock worth $50,000 after acquiring an additional 513 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of SPYG stock opened at $72.45 on Friday. The company has a market cap of $27.55 billion, a price-to-earnings ratio of 29.10 and a beta of 1.12. SPDR Portfolio S&P 500 Growth ETF has a 1 year low of $68.48 and a 1 year high of $92.76. The firm has a fifty day moving average price of $86.01 and a 200-day moving average price of $86.41.

SPDR Portfolio S&P 500 Growth ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th were issued a dividend of $0.117 per share. The ex-dividend date was 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).