Perennial Investment Advisors LLC Cuts Stock Holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Perennial Investment Advisors LLC trimmed its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 8.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 494,970 shares of the company’s stock after selling 44,231 shares during the period. SPDR Portfolio S&P 500 Growth ETF comprises about 5.1% of Perennial Investment Advisors LLC’s holdings, making the stock its largest position. Perennial Investment Advisors LLC owned approximately 0.14% of SPDR Portfolio S&P 500 Growth ETF worth $43,507,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. River Street Advisors LLC boosted its holdings in SPDR Portfolio S&P 500 Growth ETF by 0.9% during the fourth quarter. River Street Advisors LLC now owns 12,599 shares of the company’s stock worth $1,107,000 after purchasing an additional 110 shares during the last quarter. Tyler Stone Wealth Management lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 0.7% during the 4th quarter. Tyler Stone Wealth Management now owns 17,139 shares of the company’s stock worth $1,507,000 after buying an additional 111 shares in the last quarter. Key Client Fiduciary Advisors LLC boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 3.5% in the 4th quarter. Key Client Fiduciary Advisors LLC now owns 3,381 shares of the company’s stock worth $297,000 after buying an additional 113 shares during the last quarter. Diversified Enterprises LLC grew its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 1.5% in the fourth quarter. Diversified Enterprises LLC now owns 8,300 shares of the company’s stock valued at $730,000 after acquiring an additional 126 shares in the last quarter. Finally, Cozad Asset Management Inc. increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 4.3% during the 4th quarter. Cozad Asset Management Inc. now owns 3,344 shares of the company’s stock valued at $294,000 after purchasing an additional 137 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

NYSEARCA SPYG opened at $72.45 on Friday. The company has a market capitalization of $27.55 billion, a PE ratio of 29.10 and a beta of 1.12. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $68.48 and a 52-week high of $92.76. The company has a 50-day simple moving average of $86.01 and a 200 day simple moving average of $86.37.

SPDR Portfolio S&P 500 Growth ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th were issued a dividend of $0.117 per share. The ex-dividend date was 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).