Financial Engines Advisors L.L.C. Sells 490,550 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Financial Engines Advisors L.L.C. trimmed its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYGFree Report) by 2.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 20,126,715 shares of the company’s stock after selling 490,550 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises about 3.7% of Financial Engines Advisors L.L.C.’s investment portfolio, making the stock its 8th largest holding. Financial Engines Advisors L.L.C. owned 0.06% of SPDR Portfolio S&P 500 Growth ETF worth $1,769,138,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the stock. BankPlus Trust Department acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the 4th quarter valued at $25,000. Brown Brothers Harriman & Co. acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth $36,000. Valued Wealth Advisors LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF in the fourth quarter valued at $41,000. Urban Financial Advisory Corp acquired a new position in SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at $45,000. Finally, West Branch Capital LLC grew its holdings 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 purchasing an additional 513 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

SPDR Portfolio S&P 500 Growth ETF stock opened at $84.50 on Wednesday. The company has a market capitalization of $32.09 billion, a P/E ratio of 29.52 and a beta of 1.08. 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 stock has a 50-day simple moving average of $87.76 and a 200-day simple moving average of $86.46.

SPDR Portfolio S&P 500 Growth ETF Cuts Dividend

The company 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.

SPDR Portfolio S&P 500 Growth ETF Profile

(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

Want to see what other hedge funds are holding SPYG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYGFree Report).

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

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