Avestar Capital LLC Sells 20,364 Shares of SPDR Portfolio S&P 500 Growth ETF $SPYG

Avestar Capital LLC trimmed its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 13.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 136,638 shares of the company’s stock after selling 20,364 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF accounts for approximately 0.9% of Avestar Capital LLC’s holdings, making the stock its 20th largest position. Avestar Capital LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $14,579,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of SPYG. Brighton Jones LLC increased its position in SPDR Portfolio S&P 500 Growth ETF by 6.9% during the fourth quarter. Brighton Jones LLC now owns 3,152 shares of the company’s stock valued at $277,000 after acquiring an additional 204 shares during the last quarter. AQR Capital Management LLC increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 91.0% during the 1st quarter. AQR Capital Management LLC now owns 60,022 shares of the company’s stock valued at $4,824,000 after purchasing an additional 28,598 shares during the last quarter. Russell Investments Group Ltd. increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 138.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 545 shares of the company’s stock valued at $52,000 after purchasing an additional 316 shares during the last quarter. First Trust Advisors LP bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the 2nd quarter worth approximately $732,000. Finally, Gamco Investors INC. ET AL purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the second quarter worth approximately $357,000.

SPDR Portfolio S&P 500 Growth ETF Trading Down 1.0%

Shares of NYSEARCA SPYG opened at $121.21 on Thursday. The firm has a 50 day moving average of $111.01 and a 200 day moving average of $107.40. The firm has a market capitalization of $53.41 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17. SPDR Portfolio S&P 500 Growth ETF has a 12-month low of $90.09 and a 12-month high of $122.92.

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.