Townsquare Capital LLC Sells 137,770 Shares of SPDR Portfolio S&P 500 Growth ETF $SPYG

Townsquare Capital LLC reduced its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 73.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,775 shares of the company’s stock after selling 137,770 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF accounts for approximately 1.2% of Townsquare Capital LLC’s investment portfolio, making the stock its 23rd largest holding. Townsquare Capital LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $5,418,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in SPYG. Optiver Holding B.V. bought a new position in SPDR Portfolio S&P 500 Growth ETF in the third quarter worth about $25,000. United Financial Planning Group LLC bought a new position in SPDR Portfolio S&P 500 Growth ETF in the third quarter worth about $25,000. Financial Life Planners bought a new position in SPDR Portfolio S&P 500 Growth ETF in the third quarter worth about $26,000. Hantz Financial Services Inc. increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 583.8% during the fourth quarter. Hantz Financial Services Inc. now owns 253 shares of the company’s stock valued at $27,000 after acquiring an additional 216 shares in the last quarter. Finally, New Millennium Group LLC acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the fourth quarter valued at about $29,000.

SPDR Portfolio S&P 500 Growth ETF Stock Down 2.3%

SPYG opened at $113.92 on Thursday. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $90.21 and a 52-week high of $122.92. The company has a market cap of $50.20 billion, a P/E ratio of 32.28 and a beta of 1.17. The firm’s 50-day moving average price is $113.03 and its 200-day moving average price is $107.88.

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). The S&P 500 Growth Index measures the performance of the growth sector in the United States equity market. The selection universe for the S&P 500 Index includes all the United States common equities.