SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) Stake Raised by Townsquare Capital LLC

Townsquare Capital LLC increased its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 6.4% during the third quarter, HoldingsChannel.com reports. The firm owned 2,783,907 shares of the company’s stock after acquiring an additional 166,273 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF makes up approximately 2.8% of Townsquare Capital LLC’s holdings, making the stock its largest holding. Townsquare Capital LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $230,897,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of SPYG. EdgeRock Capital LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the 2nd quarter valued at about $26,000. Brown Brothers Harriman & Co. purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter valued at about $36,000. Triad Wealth Partners LLC purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the second quarter worth approximately $44,000. Costello Asset Management INC grew its position 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 buying an additional 200 shares during the period. Finally, Hollencrest Capital Management purchased a new stake in SPDR Portfolio S&P 500 Growth ETF during the second quarter valued at approximately $49,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

NYSEARCA:SPYG opened at $87.15 on Wednesday. SPDR Portfolio S&P 500 Growth ETF has a one year low of $62.33 and a one year high of $87.94. The business has a fifty day moving average price of $84.29 and a 200-day moving average price of $80.70. The firm has a market capitalization of $29.91 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14.

SPDR Portfolio S&P 500 Growth ETF 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).