AssuredPartners Investment Advisors LLC Invests $206,000 in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

AssuredPartners Investment Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 2,343 shares of the company’s stock, valued at approximately $206,000.

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

SPDR Portfolio S&P 500 Growth ETF Price Performance

SPYG opened at $80.12 on Friday. 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 capitalization of $30.43 billion, a PE ratio of 29.52 and a beta of 1.08. The firm’s fifty day moving average price is $87.30 and its 200 day moving average price is $86.42.

SPDR Portfolio S&P 500 Growth ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, March 26th. Stockholders 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).