Bay Capital Advisors LLC Buys New Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Bay Capital Advisors LLC purchased a new position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 12,715 shares of the company’s stock, valued at approximately $1,118,000. SPDR Portfolio S&P 500 Growth ETF accounts for about 0.9% of Bay Capital Advisors LLC’s portfolio, making the stock its 25th largest position.

Several other institutional investors and hedge funds have also modified their holdings of SPYG. BankPlus Trust Department purchased a new position in SPDR Portfolio S&P 500 Growth ETF during the fourth quarter valued at $25,000. Brown Brothers Harriman & Co. bought a new stake in SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth approximately $36,000. Valued Wealth Advisors LLC purchased a new position in SPDR Portfolio S&P 500 Growth ETF during the fourth quarter valued at approximately $41,000. Urban Financial Advisory Corp bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the third quarter worth approximately $45,000. Finally, West Branch Capital LLC increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 916.1% in 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 in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA SPYG opened at $84.13 on Tuesday. The company has a market cap of $31.95 billion, a P/E ratio of 29.52 and a beta of 1.08. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $68.48 and a 52-week high of $92.76. The firm’s fifty day moving average is $87.81 and its two-hundred day moving average is $86.40.

SPDR Portfolio S&P 500 Growth ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th will be paid a $0.117 dividend. The ex-dividend date 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).