Orion Portfolio Solutions LLC Purchases 1,397,104 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Orion Portfolio Solutions LLC boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 2,707.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,448,705 shares of the company’s stock after buying an additional 1,397,104 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF makes up approximately 1.3% of Orion Portfolio Solutions LLC’s portfolio, making the stock its 8th biggest position. Orion Portfolio Solutions LLC owned 0.42% of SPDR Portfolio S&P 500 Growth ETF worth $127,341,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of SPYG. LPL Financial LLC grew its position in SPDR Portfolio S&P 500 Growth ETF by 8.3% in 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 period. JPMorgan Chase & Co. grew its holdings in 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 purchasing an additional 99,358 shares during the period. HB Wealth Management LLC increased its holdings in SPDR Portfolio S&P 500 Growth ETF by 1.3% in the 4th quarter. HB Wealth Management LLC now owns 4,634,594 shares of the company’s stock worth $393,827,000 after acquiring an additional 58,372 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the fourth quarter valued at approximately $323,542,000. Finally, Bank of New York Mellon Corp grew its position in shares of 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 purchasing an additional 222,550 shares in the last quarter.

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

SPDR Portfolio S&P 500 Growth ETF stock opened at $82.16 on Friday. 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 market capitalization of $31.20 billion, a PE ratio of 29.52 and a beta of 1.08. The firm’s 50 day simple moving average is $87.50 and its 200 day simple moving average is $86.40.

SPDR Portfolio S&P 500 Growth ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th were issued a $0.117 dividend. The ex-dividend date 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).