LPL Financial LLC Grows Holdings in SPDR S&P 500 Growth ETF (NYSEARCA:SPYG)

LPL Financial LLC lifted its position in SPDR S&P 500 Growth ETF (NYSEARCA:SPYG) by 293.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 901,568 shares of the company’s stock after purchasing an additional 672,207 shares during the quarter. LPL Financial LLC owned 1.81% of SPDR S&P 500 Growth ETF worth $29,752,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of SPYG. Allegis Investment Advisors LLC bought a new stake in SPDR S&P 500 Growth ETF during the 4th quarter worth about $17,815,000. Wells Fargo & Company MN grew its holdings in SPDR S&P 500 Growth ETF by 304.3% during the 4th quarter. Wells Fargo & Company MN now owns 519,346 shares of the company’s stock worth $17,138,000 after acquiring an additional 390,891 shares during the last quarter. Ford Financial Group Inc. bought a new stake in SPDR S&P 500 Growth ETF during the 4th quarter worth about $13,262,000. Raymond James & Associates grew its holdings in SPDR S&P 500 Growth ETF by 225.7% during the 4th quarter. Raymond James & Associates now owns 369,271 shares of the company’s stock worth $12,186,000 after acquiring an additional 255,885 shares during the last quarter. Finally, Jackson Wealth Management LLC bought a new stake in SPDR S&P 500 Growth ETF during the 4th quarter worth about $10,313,000.

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NYSEARCA:SPYG traded down $0.80 during mid-day trading on Friday, reaching $32.93. 420,212 shares of the company were exchanged, compared to its average volume of 857,870. SPDR S&P 500 Growth ETF has a 12 month low of $28.13 and a 12 month high of $35.96.

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 22nd. Shareholders of record on Tuesday, March 20th were given a dividend of $0.1005 per share. The ex-dividend date was Monday, March 19th. This represents a $0.40 dividend on an annualized basis and a yield of 1.22%.

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SPDR 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).

Institutional Ownership by Quarter for SPDR S&P 500 Growth ETF (NYSEARCA:SPYG)

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