Brookstone Capital Management Lowers Stake in SPDR Portfolio S&P 500 Growth ETF $SPYG

Brookstone Capital Management decreased its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 6.4% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 255,612 shares of the company’s stock after selling 17,593 shares during the quarter. Brookstone Capital Management’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $26,714,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Valeo Financial Advisors LLC lifted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 0.3% during the 2nd quarter. Valeo Financial Advisors LLC now owns 31,788 shares of the company’s stock worth $3,030,000 after purchasing an additional 98 shares during the period. Flputnam Investment Management Co. increased its stake in SPDR Portfolio S&P 500 Growth ETF by 2.1% in the third quarter. Flputnam Investment Management Co. now owns 4,673 shares of the company’s stock valued at $488,000 after purchasing an additional 98 shares during the last quarter. Voya Financial Advisors Inc. lifted its position in SPDR Portfolio S&P 500 Growth ETF by 0.6% during the third quarter. Voya Financial Advisors Inc. now owns 18,359 shares of the company’s stock worth $1,910,000 after buying an additional 106 shares during the period. Prestige Wealth Management Group LLC boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 10.4% in the 2nd quarter. Prestige Wealth Management Group LLC now owns 1,273 shares of the company’s stock worth $121,000 after buying an additional 120 shares during the last quarter. Finally, Jericho Financial LLP grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 0.7% in the 2nd quarter. Jericho Financial LLP now owns 19,174 shares of the company’s stock valued at $1,828,000 after buying an additional 125 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Price Performance

NYSEARCA SPYG opened at $108.21 on Thursday. The company has a market cap of $45.48 billion, a P/E ratio of 32.28 and a beta of 1.11. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $68.65 and a 12 month high of $109.63. The company has a 50-day moving average of $106.20 and a 200-day moving average of $101.46.

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). The S&P 500 Growth Index measures the performance of the growth sector in the United States equity market. The selection universe for the S&P 500 Index includes all the United States common equities.