Alpha Cubed Investments LLC Sells 325 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Alpha Cubed Investments LLC trimmed its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 5.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 5,845 shares of the company’s stock after selling 325 shares during the quarter. Alpha Cubed Investments LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $380,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Headinvest LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at about $29,000. Headlands Technologies LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF during the fourth quarter worth about $32,000. Gradient Investments LLC increased its holdings in SPDR Portfolio S&P 500 Growth ETF by 510.1% during the third quarter. Gradient Investments LLC now owns 604 shares of the company’s stock worth $36,000 after buying an additional 505 shares during the last quarter. Legacy Financial Group LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF during the third quarter worth about $41,000. Finally, Whittier Trust Co. purchased a new stake in SPDR Portfolio S&P 500 Growth ETF during the third quarter worth about $52,000.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

NYSEARCA SPYG opened at $70.15 on Wednesday. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $54.73 and a 52-week high of $74.10. The company has a 50-day simple moving average of $71.96 and a 200 day simple moving average of $66.96. The company has a market capitalization of $23.92 billion, a PE ratio of 27.72 and a beta of 1.10.

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).