Murphy & Mullick Capital Management Corp Invests $114,000 in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Murphy & Mullick Capital Management Corp bought a new stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,299 shares of the company’s stock, valued at approximately $114,000.

Other institutional investors have also added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the fourth quarter valued at approximately $323,542,000. Dynasty Wealth Management LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF in the 4th quarter valued at $311,395,000. LPL Financial LLC increased its stake in SPDR Portfolio S&P 500 Growth ETF by 8.3% during the 4th quarter. LPL Financial LLC now owns 34,023,208 shares of the company’s stock valued at $2,990,640,000 after purchasing an additional 2,620,046 shares in the last quarter. Independent Advisor Alliance raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 7,157.9% during the fourth quarter. Independent Advisor Alliance now owns 1,598,110 shares of the company’s stock worth $140,474,000 after buying an additional 1,576,091 shares during the last quarter. Finally, Kestra Investment Management LLC lifted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 70.3% in the third quarter. Kestra Investment Management LLC now owns 2,251,726 shares of the company’s stock valued at $186,758,000 after buying an additional 929,872 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of NYSEARCA SPYG opened at $82.68 on Thursday. SPDR Portfolio S&P 500 Growth ETF has a 1 year low of $68.48 and a 1 year high of $92.76. The stock has a market capitalization of $31.40 billion, a P/E ratio of 29.52 and a beta of 1.08. The company has a 50-day moving average price of $87.63 and a 200-day moving average price of $86.43.

SPDR Portfolio S&P 500 Growth ETF Cuts Dividend

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

SPDR Portfolio S&P 500 Growth ETF Company 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).