Beutel Goodman & Co Ltd. Sells 35,700 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Beutel Goodman & Co Ltd. trimmed its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 11.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 270,762 shares of the company’s stock after selling 35,700 shares during the quarter. Beutel Goodman & Co Ltd.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $23,816,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in SPYG. Raymond James Financial Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the fourth quarter valued at approximately $323,542,000. Dynasty Wealth Management LLC acquired a new position in SPDR Portfolio S&P 500 Growth ETF during the 4th quarter valued at approximately $311,395,000. LPL Financial LLC raised its stake in SPDR Portfolio S&P 500 Growth ETF by 8.3% in the 4th quarter. LPL Financial LLC now owns 34,023,208 shares of the company’s stock worth $2,990,640,000 after acquiring an additional 2,620,046 shares during the last quarter. Independent Advisor Alliance raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 7,157.9% in the fourth quarter. Independent Advisor Alliance now owns 1,598,110 shares of the company’s stock worth $140,474,000 after purchasing an additional 1,576,091 shares during the last quarter. Finally, Orion Portfolio Solutions LLC boosted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 2,707.5% in the 4th quarter. Orion Portfolio Solutions LLC now owns 1,448,705 shares of the company’s stock valued at $127,341,000 after acquiring an additional 1,397,104 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Trading Down 2.5 %

Shares of NYSEARCA:SPYG opened at $80.12 on Friday. The business has a 50 day moving average of $87.30 and a two-hundred day moving average of $86.42. 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 $30.43 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 announced a dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th were paid a dividend of $0.117 per share. 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).