Howe & Rusling Inc. Makes New $247,000 Investment in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Howe & Rusling Inc. purchased a new stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 2,806 shares of the company’s stock, valued at approximately $247,000.

A number of other institutional investors have also made changes to their positions in SPYG. LPL Financial LLC raised its stake in SPDR Portfolio S&P 500 Growth ETF by 8.3% during the 4th 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 during the last quarter. JPMorgan Chase & Co. raised its position in shares of SPDR Portfolio S&P 500 Growth ETF by 1.9% during the fourth quarter. JPMorgan Chase & Co. now owns 5,261,185 shares of the company’s stock valued at $462,458,000 after buying an additional 99,358 shares during the last quarter. HB Wealth Management LLC lifted its stake in shares of 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 valued at $393,827,000 after buying an additional 58,372 shares during the period. Raymond James Financial Inc. acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the fourth quarter worth about $323,542,000. Finally, Bank of New York Mellon Corp grew its position in SPDR Portfolio S&P 500 Growth ETF by 6.5% during the fourth quarter. Bank of New York Mellon Corp now owns 3,663,070 shares of the company’s stock worth $321,984,000 after buying an additional 222,550 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Down 0.6 %

SPDR Portfolio S&P 500 Growth ETF stock opened at $82.16 on Friday. The business has a 50 day moving average price of $87.50 and a two-hundred day moving average price of $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. The stock has a market cap of $31.20 billion, a price-to-earnings ratio of 29.52 and a beta of 1.08.

SPDR Portfolio S&P 500 Growth ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 24th were paid a $0.117 dividend. The ex-dividend date of this dividend was 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).