SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) Shares Sold by Avestar Capital LLC

Avestar Capital LLC reduced its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 7.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 153,941 shares of the company’s stock after selling 11,577 shares during the period. SPDR Portfolio S&P 500 Growth ETF accounts for about 1.3% of Avestar Capital LLC’s portfolio, making the stock its 14th largest holding. Avestar Capital LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $12,768,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in SPYG. EdgeRock Capital LLC acquired a new position in SPDR Portfolio S&P 500 Growth ETF during the second quarter worth $26,000. Brown Brothers Harriman & Co. purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth $36,000. Costello Asset Management INC boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 58.0% during the 3rd quarter. Costello Asset Management INC now owns 545 shares of the company’s stock valued at $45,000 after acquiring an additional 200 shares during the last quarter. Triad Wealth Partners LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the second quarter valued at about $44,000. Finally, Hollencrest Capital Management purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the second quarter valued at about $49,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of SPYG stock opened at $86.37 on Tuesday. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $62.33 and a 12 month high of $87.94. The firm’s 50-day moving average is $84.16 and its two-hundred day moving average is $80.61. The company has a market capitalization of $29.65 billion, a PE ratio of 27.22 and a beta of 1.14.

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).