Charles Schwab Investment Management Inc. Has $439,000 Stock Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Charles Schwab Investment Management Inc. cut its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 21.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 4,991 shares of the company’s stock after selling 1,324 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $439,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of SPYG. River Street Advisors LLC grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 0.9% during the 4th quarter. River Street Advisors LLC now owns 12,599 shares of the company’s stock worth $1,107,000 after acquiring an additional 110 shares during the last quarter. Key Client Fiduciary Advisors LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 3.5% during the fourth quarter. Key Client Fiduciary Advisors LLC now owns 3,381 shares of the company’s stock worth $297,000 after purchasing an additional 113 shares during the period. Venturi Wealth Management LLC grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 2.0% in the fourth quarter. Venturi Wealth Management LLC now owns 7,127 shares of the company’s stock worth $626,000 after purchasing an additional 139 shares during the last quarter. AlphaMark Advisors LLC increased its holdings in SPDR Portfolio S&P 500 Growth ETF by 4.2% in the fourth quarter. AlphaMark Advisors LLC now owns 3,467 shares of the company’s stock valued at $305,000 after purchasing an additional 141 shares during the period. Finally, Principle Wealth Partners LLC raised its position in SPDR Portfolio S&P 500 Growth ETF by 2.0% during the 4th quarter. Principle Wealth Partners LLC now owns 7,277 shares of the company’s stock worth $640,000 after purchasing an additional 145 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Trading Up 0.3 %

Shares of SPYG opened at $80.37 on Tuesday. The stock’s 50-day moving average price is $87.11 and its two-hundred day moving average price is $86.53. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $68.48 and a 12 month high of $92.76. The company has a market capitalization of $30.52 billion, a PE ratio of 29.52 and a beta of 1.08.

SPDR Portfolio S&P 500 Growth ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 24th were paid a $0.117 dividend. The ex-dividend date of this dividend was 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).