JPMorgan Chase & Co. Has $462.46 Million Stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

JPMorgan Chase & Co. grew its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 1.9% during the 4th quarter, HoldingsChannel reports. The firm owned 5,261,185 shares of the company’s stock after acquiring an additional 99,358 shares during the quarter. JPMorgan Chase & Co.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $462,458,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Franklin Resources Inc. grew its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 132.3% during the 3rd quarter. Franklin Resources Inc. now owns 13,196 shares of the company’s stock worth $1,118,000 after purchasing an additional 7,516 shares in the last quarter. Fifth Third Wealth Advisors LLC acquired a new position in SPDR Portfolio S&P 500 Growth ETF during the 4th quarter worth about $200,000. Rede Wealth LLC grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 8.6% during the fourth quarter. Rede Wealth LLC now owns 24,108 shares of the company’s stock valued at $2,119,000 after purchasing an additional 1,903 shares during the last quarter. AdvisorNet Financial Inc boosted its position in SPDR Portfolio S&P 500 Growth ETF by 11.5% in the 4th quarter. AdvisorNet Financial Inc now owns 9,863 shares of the company’s stock valued at $867,000 after buying an additional 1,019 shares during the last quarter. Finally, Compass Capital Corp MA ADV bought a new position in SPDR Portfolio S&P 500 Growth ETF in the fourth quarter valued at about $3,268,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of NYSEARCA:SPYG opened at $80.12 on Friday. The company has a 50 day moving average of $87.30 and a 200-day moving average of $86.48. SPDR Portfolio S&P 500 Growth ETF has a one year low of $68.48 and a one year high of $92.76. The stock has a market cap of $30.43 billion, a price-to-earnings 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 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).