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

Bay Capital Advisors LLC acquired a new position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) in the 4th quarter, HoldingsChannel reports. The fund acquired 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 holdings, making the stock its 25th biggest position.

Several other large investors have also modified their holdings of the business. Potentia Wealth bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the 4th quarter worth approximately $3,355,000. PKS Advisory Services LLC bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the fourth quarter worth $753,000. Signature Estate & Investment Advisors LLC boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 10.2% during the fourth quarter. Signature Estate & Investment Advisors LLC now owns 3,263 shares of the company’s stock valued at $287,000 after purchasing an additional 303 shares during the period. Modern Wealth Management LLC boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 21.8% during the fourth quarter. Modern Wealth Management LLC now owns 258,721 shares of the company’s stock valued at $23,660,000 after purchasing an additional 46,251 shares during the period. Finally, Prudential Financial Inc. grew its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 51.3% in the fourth quarter. Prudential Financial Inc. now owns 1,336,348 shares of the company’s stock worth $117,465,000 after purchasing an additional 453,030 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Price Performance

SPDR Portfolio S&P 500 Growth ETF stock opened at $84.13 on Tuesday. The stock has a market cap of $31.95 billion, a price-to-earnings ratio of 29.52 and a beta of 1.08. The firm has a 50-day moving average of $87.81 and a two-hundred day moving average of $86.40. SPDR Portfolio S&P 500 Growth ETF has a 1 year low of $68.48 and a 1 year high of $92.76.

SPDR Portfolio S&P 500 Growth ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, March 26th. Investors 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).