Brookstone Capital Management Sells 300 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Brookstone Capital Management trimmed its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG – Get Rating) by 0.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 56,980 shares of the company’s stock after selling 300 shares during the quarter. Brookstone Capital Management’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $2,889,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the stock. Koshinski Asset Management Inc. boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 8.3% during the 3rd quarter. Koshinski Asset Management Inc. now owns 59,072 shares of the company’s stock worth $28,000 after acquiring an additional 4,534 shares during the period. Heritage Wealth Management LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 2nd quarter worth approximately $34,000. TFO TDC LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth approximately $46,000. EdgeRock Capital LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth approximately $64,000. Finally, Vectors Research Management LLC boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 63.3% during the 2nd quarter. Vectors Research Management LLC now owns 1,275 shares of the company’s stock worth $67,000 after acquiring an additional 494 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Trading Down 0.8 %

Shares of NYSEARCA SPYG opened at $52.89 on Friday. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $47.91 and a 12 month high of $68.12. The stock has a 50 day moving average of $52.99 and a 200-day moving average of $52.66. The company has a market capitalization of $14.43 billion, a P/E ratio of 20.70 and a beta of 1.05.

SPDR Portfolio S&P 500 Growth ETF Company Profile

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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).