Aviso Wealth Management Cuts Stock Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Aviso Wealth Management decreased its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 2.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 5,533 shares of the company’s stock after selling 130 shares during the quarter. Aviso Wealth Management’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $486,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 4th quarter worth $323,542,000. Dynasty Wealth Management LLC bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the fourth quarter worth approximately $311,395,000. LPL Financial LLC grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 8.3% in the fourth quarter. LPL Financial LLC now owns 34,023,208 shares of the company’s stock worth $2,990,640,000 after acquiring an additional 2,620,046 shares during the period. Independent Advisor Alliance raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 7,157.9% during 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 last quarter. Finally, Kestra Investment Management LLC boosted its holdings in SPDR Portfolio S&P 500 Growth ETF by 70.3% in 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 during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Price Performance

SPYG stock opened at $84.50 on Wednesday. SPDR Portfolio S&P 500 Growth ETF has a 1 year low of $68.48 and a 1 year high of $92.76. The company has a market cap of $32.09 billion, a P/E ratio of 29.52 and a beta of 1.08. The stock’s fifty day moving average price is $87.76 and its 200-day moving average price is $86.46.

SPDR Portfolio S&P 500 Growth ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th will be given a $0.117 dividend. The ex-dividend date of this dividend is Monday, March 24th.

SPDR Portfolio S&P 500 Growth ETF 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).