TIAA Trust National Association Decreases Stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

TIAA Trust National Association lessened its holdings in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 1.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,209,133 shares of the company’s stock after selling 22,839 shares during the period. TIAA Trust National Association owned 0.35% of SPDR Portfolio S&P 500 Growth ETF worth $106,283,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Franklin Resources Inc. increased its stake in SPDR Portfolio S&P 500 Growth ETF by 132.3% during the third quarter. Franklin Resources Inc. now owns 13,196 shares of the company’s stock worth $1,118,000 after acquiring an additional 7,516 shares during the last quarter. Fifth Third Wealth Advisors LLC purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 4th quarter worth $200,000. Rede Wealth LLC raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 8.6% in the 4th quarter. Rede Wealth LLC now owns 24,108 shares of the company’s stock valued at $2,119,000 after buying an additional 1,903 shares during the period. AdvisorNet Financial Inc raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 11.5% in the 4th quarter. AdvisorNet Financial Inc now owns 9,863 shares of the company’s stock valued at $867,000 after buying an additional 1,019 shares during the period. Finally, Compass Capital Corp MA ADV acquired a new position in SPDR Portfolio S&P 500 Growth ETF in the fourth quarter valued at about $3,268,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of SPYG opened at $84.13 on Tuesday. The firm has a 50-day simple moving average of $87.81 and a two-hundred day simple moving average of $86.40. The stock has a market cap of $31.95 billion, a PE ratio of 29.52 and a beta of 1.08. 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 announced 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 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).