Towerpoint Wealth LLC Sells 1,069 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Towerpoint Wealth LLC reduced its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 2.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 40,781 shares of the company’s stock after selling 1,069 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises about 1.8% of Towerpoint Wealth LLC’s portfolio, making the stock its 16th biggest position. Towerpoint Wealth LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $3,585,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. LPL Financial LLC raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 4.5% during the 3rd quarter. LPL Financial LLC now owns 31,403,162 shares of the company’s stock worth $2,604,578,000 after purchasing an additional 1,354,443 shares during the last quarter. Kestra Investment Management LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the 2nd quarter worth approximately $105,920,000. Cannon Financial Strategists Inc. bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the second quarter worth approximately $66,890,000. Flagship Harbor Advisors LLC acquired a new position in SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at approximately $56,722,000. Finally, Benjamin Edwards Inc. boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 2,658.0% in the third quarter. Benjamin Edwards Inc. now owns 451,865 shares of the company’s stock valued at $37,478,000 after acquiring an additional 435,481 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

SPYG traded up $0.09 during trading on Thursday, reaching $89.20. 100,432 shares of the company’s stock were exchanged, compared to its average volume of 2,031,592. The company’s fifty day moving average price is $88.34 and its 200-day moving average price is $83.59. The firm has a market capitalization of $30.62 billion, a PE ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $64.63 and a fifty-two week high of $91.49.

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).