Foundations Investment Advisors LLC Has $2.71 Million Stock Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Foundations Investment Advisors LLC lowered its holdings in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 43.4% in the 4th quarter, Holdings Channel.com reports. The fund owned 30,803 shares of the company’s stock after selling 23,620 shares during the period. Foundations Investment Advisors LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $2,708,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Brown Brothers Harriman & Co. bought a new position in SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth $36,000. Valued Wealth Advisors LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the fourth quarter worth about $41,000. Costello Asset Management INC lifted its stake in shares of 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 acquiring an additional 200 shares during the period. Urban Financial Advisory Corp bought a new stake in SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at approximately $45,000. Finally, West Branch Capital LLC boosted its holdings in 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 valued at $50,000 after acquiring an additional 513 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

SPDR Portfolio S&P 500 Growth ETF stock opened at $88.68 on Tuesday. The firm has a market cap of $30.44 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $66.89 and a 52-week high of $92.76. The firm has a 50 day moving average price of $88.92 and a two-hundred day moving average price of $84.05.

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).