PKS Advisory Services LLC Makes New $753,000 Investment in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

PKS Advisory Services LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 8,570 shares of the company’s stock, valued at approximately $753,000.

A number of other hedge funds have also modified their holdings of the stock. LPL Financial LLC grew its stake in SPDR Portfolio S&P 500 Growth ETF by 8.3% in the fourth quarter. LPL Financial LLC now owns 34,023,208 shares of the company’s stock valued at $2,990,640,000 after purchasing an additional 2,620,046 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 2.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,161,827 shares of the company’s stock valued at $428,122,000 after buying an additional 122,184 shares in the last quarter. HB Wealth Management LLC increased its holdings in SPDR Portfolio S&P 500 Growth ETF by 1.3% in the fourth quarter. HB Wealth Management LLC now owns 4,634,594 shares of the company’s stock worth $393,827,000 after buying an additional 58,372 shares during the last quarter. Raymond James Financial Inc. bought a new position in SPDR Portfolio S&P 500 Growth ETF during the fourth quarter valued at approximately $323,542,000. Finally, Bank of New York Mellon Corp lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 6.5% in the fourth quarter. Bank of New York Mellon Corp now owns 3,663,070 shares of the company’s stock valued at $321,984,000 after acquiring an additional 222,550 shares during the last quarter.

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

Shares of SPYG opened at $84.13 on Tuesday. The firm has a market cap of $31.95 billion, a price-to-earnings ratio of 29.52 and a beta of 1.08. The company’s fifty day moving average is $87.81 and its 200-day moving average is $86.40. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $68.48 and a 12 month high of $92.76.

SPDR Portfolio S&P 500 Growth ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th will be issued a dividend of $0.117 per share. 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).