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

Avestar Capital LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 25.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 151,573 shares of the company’s stock after purchasing an additional 30,556 shares during the period. SPDR Portfolio S&P 500 Growth ETF accounts for 1.0% of Avestar Capital LLC’s holdings, making the stock its 17th biggest 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.

Other institutional investors and hedge funds have also bought and sold shares of the company. Allworth Financial LP grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 1.2% in the 2nd quarter. Allworth Financial LP now owns 11,348,851 shares of the company’s stock valued at $1,081,773,000 after buying an additional 131,104 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in SPDR Portfolio S&P 500 Growth ETF by 77.6% in the second quarter. Envestnet Asset Management Inc. now owns 10,227,943 shares of the company’s stock valued at $974,928,000 after acquiring an additional 4,470,135 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in SPDR Portfolio S&P 500 Growth ETF by 7.2% in the first quarter. Ameriprise Financial Inc. now owns 8,732,829 shares of the company’s stock valued at $701,653,000 after acquiring an additional 583,587 shares during the last quarter. JPMorgan Chase & Co. increased its position in SPDR Portfolio S&P 500 Growth ETF by 3.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 5,642,681 shares of the company’s stock valued at $537,860,000 after purchasing an additional 198,401 shares during the period. Finally, Townsquare Capital LLC raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 5.9% during the 1st quarter. Townsquare Capital LLC now owns 4,209,404 shares of the company’s stock worth $338,310,000 after purchasing an additional 233,536 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA SPYG opened at $107.82 on Friday. The company’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 52-week low of $68.65 and a 52-week high of $109.63. The company 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).