Avestar Capital LLC Sells 3,769 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Avestar Capital LLC cut its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 2.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 150,172 shares of the company’s stock after selling 3,769 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF accounts for about 1.1% of Avestar Capital LLC’s investment portfolio, making the stock its 15th largest holding. Avestar Capital LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $13,200,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. PFG Advisors grew its position in SPDR Portfolio S&P 500 Growth ETF by 827.6% during the third quarter. PFG Advisors now owns 102,510 shares of the company’s stock valued at $8,502,000 after buying an additional 91,459 shares during the period. ERn Financial LLC grew its position in SPDR Portfolio S&P 500 Growth ETF by 5.4% during the third quarter. ERn Financial LLC now owns 415,636 shares of the company’s stock valued at $34,473,000 after buying an additional 21,367 shares during the period. Opal Wealth Advisors LLC grew its position in SPDR Portfolio S&P 500 Growth ETF by 0.7% during the third quarter. Opal Wealth Advisors LLC now owns 34,098 shares of the company’s stock valued at $2,828,000 after buying an additional 224 shares during the period. Bill Few Associates Inc. grew its position in SPDR Portfolio S&P 500 Growth ETF by 4.2% during the third quarter. Bill Few Associates Inc. now owns 12,184 shares of the company’s stock valued at $1,011,000 after buying an additional 492 shares during the period. Finally, Transform Wealth LLC grew its position in SPDR Portfolio S&P 500 Growth ETF by 3.0% during the third quarter. Transform Wealth LLC now owns 71,837 shares of the company’s stock valued at $5,958,000 after buying an additional 2,104 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Trading Down 0.2 %

Shares of NYSEARCA SPYG opened at $90.96 on Thursday. The firm has a 50 day moving average of $89.81 and a 200 day moving average of $84.88. The firm has a market capitalization of $31.22 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a 12-month low of $68.48 and a 12-month high of $92.76.

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).