Arete Wealth Advisors LLC Grows Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Arete Wealth Advisors LLC grew its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 48.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 141,575 shares of the company’s stock after acquiring an additional 46,357 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises approximately 0.9% of Arete Wealth Advisors LLC’s portfolio, making the stock its 20th biggest holding. Arete Wealth Advisors LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $12,482,000 as of its most recent filing with the Securities & Exchange Commission.

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

SPDR Portfolio S&P 500 Growth ETF Trading Up 0.8 %

NYSEARCA SPYG opened at $81.62 on Thursday. The company has a market capitalization of $31.04 billion, a PE ratio of 29.10 and a beta of 1.12. The business’s 50-day moving average price is $86.71 and its 200 day moving average price is $86.50. SPDR Portfolio S&P 500 Growth ETF has a twelve month low of $68.48 and a twelve month high of $92.76.

SPDR Portfolio S&P 500 Growth ETF Cuts Dividend

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