Verus Capital Partners LLC Sells 15,134 Shares of SPDR Portfolio S&P 500 Growth ETF $SPYG

Verus Capital Partners LLC trimmed its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 4.5% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 317,549 shares of the company’s stock after selling 15,134 shares during the period. SPDR Portfolio S&P 500 Growth ETF accounts for about 2.1% of Verus Capital Partners LLC’s holdings, making the stock its 9th largest position. Verus Capital Partners LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $39,084,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in SPYG. Halbert Hargrove Global Advisors LLC acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the third quarter valued at about $26,000. Evelyn Partners Asset Management Ltd bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the first quarter valued at about $35,000. Oakworth Capital Inc. acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the third quarter worth about $35,000. Center for Financial Planning Inc. grew its position in SPDR Portfolio S&P 500 Growth ETF by 482.4% during the third quarter. Center for Financial Planning Inc. now owns 297 shares of the company’s stock worth $37,000 after buying an additional 246 shares in the last quarter. Finally, Archer Investment Corp grew its position in SPDR Portfolio S&P 500 Growth ETF by 527.9% during the first quarter. Archer Investment Corp now owns 383 shares of the company’s stock worth $38,000 after buying an additional 322 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Up 0.9%

Shares of SPYG opened at $112.18 on Friday. SPDR Portfolio S&P 500 Growth ETF has a 12-month low of $93.61 and a 12-month high of $127.13. The firm has a market capitalization of $52.05 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17. The stock’s 50-day moving average price is $121.21 and its 200 day moving average price is $114.37.

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). The S&P 500 Growth Index measures the performance of the growth sector in the United States equity market. The selection universe for the S&P 500 Index includes all the United States common equities.