Townsquare Capital LLC Grows Stock Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Townsquare Capital LLC raised its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 6.4% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,783,907 shares of the company’s stock after purchasing an additional 166,273 shares during the period. 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 owned approximately 0.81% of SPDR Portfolio S&P 500 Growth ETF worth $230,897,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Sei Investments Co. lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 20.1% in the first quarter. Sei Investments Co. now owns 6,013 shares of the company’s stock worth $440,000 after purchasing an additional 1,006 shares during the last quarter. Jane Street Group LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the first quarter worth approximately $6,187,000. Tidal Investments LLC increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 6.3% in the first quarter. Tidal Investments LLC now owns 59,342 shares of the company’s stock worth $4,344,000 after buying an additional 3,508 shares during the period. Beacon Capital Management LLC raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 1,788.1% during the 1st quarter. Beacon Capital Management LLC now owns 1,114 shares of the company’s stock valued at $81,000 after buying an additional 1,055 shares during the last quarter. Finally, Strategic Wealth Partners Ltd. boosted its position in SPDR Portfolio S&P 500 Growth ETF by 2.0% during the 1st quarter. Strategic Wealth Partners Ltd. now owns 434,748 shares of the company’s stock valued at $31,802,000 after buying an additional 8,360 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

NYSEARCA SPYG opened at $87.15 on Wednesday. The stock has a market cap of $29.91 billion, a P/E ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $62.33 and a fifty-two week high of $87.94. The stock has a 50 day simple moving average of $84.29 and a two-hundred day simple moving average of $80.70.

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).