SPDR Portfolio S&P 500 Growth ETF (SPYG) is Chessman Wealth Strategies RIA’s Largest Position

Chessman Wealth Strategies RIA cut its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 23.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 304,116 shares of the company’s stock after selling 92,528 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF accounts for approximately 10.2% of Chessman Wealth Strategies RIA’s investment portfolio, making the stock its largest position. Chessman Wealth Strategies RIA owned 0.31% of SPDR Portfolio S&P 500 Growth ETF worth $11,629,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. lifted its position in SPDR Portfolio S&P 500 Growth ETF by 113.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,874 shares of the company’s stock worth $101,000 after buying an additional 1,530 shares during the last quarter. WealthTrust Fairport LLC bought a new stake in SPDR Portfolio S&P 500 Growth ETF in the second quarter worth $116,000. Resources Investment Advisors Inc. lifted its position in SPDR Portfolio S&P 500 Growth ETF by 246.4% in the second quarter. Resources Investment Advisors Inc. now owns 3,918 shares of the company’s stock worth $138,000 after buying an additional 2,787 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in SPDR Portfolio S&P 500 Growth ETF by 43.5% in the second quarter. PNC Financial Services Group Inc. now owns 4,844 shares of the company’s stock worth $170,000 after buying an additional 1,469 shares during the last quarter. Finally, Emerald Investment Partners LLC lifted its position in SPDR Portfolio S&P 500 Growth ETF by 500.2% in the second quarter. Emerald Investment Partners LLC now owns 4,892 shares of the company’s stock worth $172,000 after buying an additional 4,077 shares during the last quarter.

SPYG traded up $0.73 during trading on Friday, reaching $35.98. The company had a trading volume of 484,525 shares, compared to its average volume of 1,002,122. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $31.38 and a 52 week high of $38.55.

The business also recently declared a quarterly dividend, which was paid on Thursday, September 27th. Investors of record on Tuesday, September 25th were given a $0.1367 dividend. The ex-dividend date of this dividend was Monday, September 24th. This is an increase from SPDR Portfolio S&P 500 Growth ETF’s previous quarterly dividend of $0.12. This represents a $0.55 dividend on an annualized basis and a yield of 1.52%.

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).

Read More: What is a Leveraged Buyout (LBO)?

Institutional Ownership by Quarter for SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

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