Brookstone Capital Management Lowers Holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Brookstone Capital Management decreased its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 12.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 297,478 shares of the company’s stock after selling 40,377 shares during the period. Brookstone Capital Management owned 0.09% of SPDR Portfolio S&P 500 Growth ETF worth $26,148,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the company. Brown Brothers Harriman & Co. bought a new position in SPDR Portfolio S&P 500 Growth ETF in the third quarter worth approximately $36,000. Costello Asset Management INC raised its stake in SPDR Portfolio S&P 500 Growth ETF by 58.0% in the third quarter. Costello Asset Management INC now owns 545 shares of the company’s stock worth $45,000 after buying an additional 200 shares in the last quarter. Urban Financial Advisory Corp bought a new position in SPDR Portfolio S&P 500 Growth ETF in the third quarter worth approximately $45,000. Hollencrest Capital Management acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the second quarter worth $49,000. Finally, Creekmur Asset Management LLC acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the third quarter worth $52,000.

SPDR Portfolio S&P 500 Growth ETF Trading Down 1.2 %

Shares of SPYG stock traded down $1.05 during trading hours on Monday, reaching $86.48. 532,545 shares of the company’s stock were exchanged, compared to its average volume of 2,159,027. The stock’s 50 day moving average is $88.18 and its 200-day moving average is $83.49. The company has a market cap of $29.68 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $64.63 and a fifty-two week high of $91.49.

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).