Nicolet Advisory Services LLC Cuts Stock Holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Nicolet Advisory Services LLC lessened its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 6.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 1,496,457 shares of the company’s stock after selling 103,021 shares during the period. SPDR Portfolio S&P 500 Growth ETF makes up about 12.0% of Nicolet Advisory Services LLC’s investment portfolio, making the stock its 2nd largest position. Nicolet Advisory Services LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $130,985,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Nemes Rush Group LLC lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 108.1% in the fourth quarter. Nemes Rush Group LLC now owns 281 shares of the company’s stock worth $25,000 after purchasing an additional 146 shares in the last quarter. BankPlus Trust Department acquired a new stake in SPDR Portfolio S&P 500 Growth ETF in the 4th quarter valued at $25,000. Valued Wealth Advisors LLC bought a new stake in SPDR Portfolio S&P 500 Growth ETF during the 4th quarter worth about $41,000. Urban Financial Advisory Corp acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth about $45,000. Finally, West Branch Capital LLC grew its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 916.1% in the 4th quarter. West Branch Capital LLC now owns 569 shares of the company’s stock valued at $50,000 after acquiring an additional 513 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

NYSEARCA:SPYG opened at $81.62 on Thursday. The stock’s 50-day simple moving average is $86.71 and its 200 day simple moving average is $86.50. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $68.48 and a 52-week high of $92.76. The company has a market cap of $31.04 billion, a P/E ratio of 29.10 and a beta of 1.12.

SPDR Portfolio S&P 500 Growth ETF Cuts Dividend

The business also recently disclosed 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.

About SPDR Portfolio 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).