UNIVEST FINANCIAL Corp Boosts Stock Holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

UNIVEST FINANCIAL Corp increased its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 12.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 64,400 shares of the company’s stock after buying an additional 7,001 shares during the period. UNIVEST FINANCIAL Corp’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $5,661,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Raymond James Financial Inc. purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 4th quarter valued at approximately $323,542,000. Dynasty Wealth Management LLC acquired a new position in SPDR Portfolio S&P 500 Growth ETF during the fourth quarter worth $311,395,000. LPL Financial LLC lifted its holdings in SPDR Portfolio S&P 500 Growth ETF by 8.3% during 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. Independent Advisor Alliance grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 7,157.9% in the fourth quarter. Independent Advisor Alliance now owns 1,598,110 shares of the company’s stock valued at $140,474,000 after purchasing an additional 1,576,091 shares during the period. Finally, Kestra Investment Management LLC increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 70.3% during the third quarter. Kestra Investment Management LLC now owns 2,251,726 shares of the company’s stock worth $186,758,000 after purchasing an additional 929,872 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Trading Up 0.4 %

SPYG stock opened at $84.50 on Wednesday. SPDR Portfolio S&P 500 Growth ETF has a 12-month low of $68.48 and a 12-month high of $92.76. The business’s 50-day moving average is $87.76 and its 200 day moving average is $86.46. The stock has a market cap of $32.09 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 declared a dividend, which will be paid on Wednesday, March 26th. Investors of record on Monday, March 24th will be given a dividend of $0.117 per share. The ex-dividend date of this dividend is Monday, March 24th.

SPDR Portfolio S&P 500 Growth ETF Company 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).