New England Capital Financial Advisors LLC Sells 11,634 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

New England Capital Financial Advisors LLC reduced its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 8.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 130,685 shares of the company’s stock after selling 11,634 shares during the period. SPDR Portfolio S&P 500 Growth ETF accounts for approximately 5.6% of New England Capital Financial Advisors LLC’s portfolio, making the stock its 7th biggest holding. New England Capital Financial Advisors LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $11,487,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brown Brothers Harriman & Co. bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter valued at approximately $36,000. Valued Wealth Advisors LLC bought a new stake in SPDR Portfolio S&P 500 Growth ETF during the fourth quarter worth approximately $41,000. Costello Asset Management INC grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 58.0% during the third quarter. Costello Asset Management INC now owns 545 shares of the company’s stock valued at $45,000 after purchasing an additional 200 shares during the last quarter. Urban Financial Advisory Corp bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at approximately $45,000. Finally, West Branch Capital LLC lifted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 916.1% in the fourth quarter. West Branch Capital LLC now owns 569 shares of the company’s stock worth $50,000 after buying an additional 513 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Trading Down 2.3 %

NYSEARCA SPYG opened at $89.59 on Friday. The company has a market cap of $30.75 billion, a P/E ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a 1 year low of $68.48 and a 1 year high of $92.76. The company has a fifty day simple moving average of $90.09 and a 200 day simple moving average of $85.60.

About SPDR Portfolio S&P 500 Growth ETF

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).