M Holdings Securities Inc. boosted its position in shares of SPDR S&P 500 Growth ETF (NYSEARCA:SPYG) by 317.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 10,741 shares of the company’s stock after buying an additional 8,171 shares during the quarter. M Holdings Securities Inc.’s holdings in SPDR S&P 500 Growth ETF were worth $344,000 as of its most recent SEC filing.
Several other institutional investors have also modified their holdings of the business. LPL Financial LLC boosted its stake in shares of SPDR S&P 500 Growth ETF by 293.1% during the 4th quarter. LPL Financial LLC now owns 901,568 shares of the company’s stock worth $29,752,000 after buying an additional 672,207 shares during the last quarter. Allegis Investment Advisors LLC acquired a new position in shares of SPDR S&P 500 Growth ETF during the 4th quarter worth about $17,815,000. Wells Fargo & Company MN lifted its stake in SPDR S&P 500 Growth ETF by 304.3% in the 4th quarter. Wells Fargo & Company MN now owns 519,346 shares of the company’s stock valued at $17,138,000 after purchasing an additional 390,891 shares during the last quarter. Ford Financial Group Inc. bought a new position in SPDR S&P 500 Growth ETF in the 4th quarter valued at about $13,262,000. Finally, Jackson Wealth Management LLC bought a new position in SPDR S&P 500 Growth ETF in the 4th quarter valued at about $10,313,000.
Shares of SPYG traded down $0.80 during mid-day trading on Friday, hitting $32.93. 420,212 shares of the company’s stock were exchanged, compared to its average volume of 857,870. SPDR S&P 500 Growth ETF has a 52 week low of $28.13 and a 52 week high of $35.96.
The firm also recently declared a quarterly dividend, which was paid on Thursday, March 22nd. Stockholders of record on Tuesday, March 20th were issued a dividend of $0.1005 per share. The ex-dividend date of this dividend was Monday, March 19th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.22%.
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About SPDR 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).
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