Avestar Capital LLC Acquires 30,556 Shares of SPDR Portfolio S&P 500 Growth ETF $SPYG

Avestar Capital LLC boosted its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 25.2% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 151,573 shares of the company’s stock after purchasing an additional 30,556 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises 1.0% of Avestar Capital LLC’s holdings, making the stock its 17th largest holding. Avestar Capital LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $14,448,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Flaharty Asset Management LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the 1st quarter worth approximately $28,000. Quaker Wealth Management LLC lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 292.9% during the 2nd quarter. Quaker Wealth Management LLC now owns 301 shares of the company’s stock valued at $29,000 after acquiring an additional 457 shares during the period. Tompkins Financial Corp bought a new position in SPDR Portfolio S&P 500 Growth ETF during the second quarter worth $36,000. Pacifica Partners Inc. grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 1,562.5% in the second quarter. Pacifica Partners Inc. now owns 399 shares of the company’s stock worth $38,000 after purchasing an additional 375 shares during the period. Finally, Russell Investments Group Ltd. grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 138.0% in the second quarter. Russell Investments Group Ltd. now owns 545 shares of the company’s stock worth $52,000 after purchasing an additional 316 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Trading Up 0.3%

Shares of NYSEARCA SPYG opened at $107.82 on Friday. The firm’s 50-day moving average price is $105.66 and its 200-day moving average price is $99.84. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $68.65 and a 1-year high of $109.63. The firm has a market capitalization of $45.32 billion, a P/E ratio of 32.28 and a beta of 1.11.

SPDR Portfolio S&P 500 Growth ETF 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).