Towerpoint Wealth LLC Has $3.59 Million Stock Holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Towerpoint Wealth LLC decreased its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 2.6% during the 4th quarter, according to its most recent 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 approximately 1.8% of Towerpoint Wealth LLC’s investment portfolio, making the stock its 16th biggest holding. Towerpoint Wealth LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $3,585,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the company. LPL Financial LLC boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 4.5% during the third 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 in the last quarter. Allworth Financial LP raised its stake in SPDR Portfolio S&P 500 Growth ETF by 1.9% during the 3rd quarter. Allworth Financial LP now owns 13,177,373 shares of the company’s stock worth $1,092,931,000 after buying an additional 249,829 shares during the period. JPMorgan Chase & Co. raised its stake in SPDR Portfolio S&P 500 Growth ETF by 2.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,161,827 shares of the company’s stock worth $428,122,000 after buying an additional 122,184 shares during the period. Valmark Advisers Inc. lifted its holdings in SPDR Portfolio S&P 500 Growth ETF by 2.4% during the third quarter. Valmark Advisers Inc. now owns 4,638,687 shares of the company’s stock worth $384,733,000 after acquiring an additional 107,423 shares in the last quarter. Finally, Quotient Wealth Partners LLC grew its stake in SPDR Portfolio S&P 500 Growth ETF by 3.0% in the third quarter. Quotient Wealth Partners LLC now owns 3,441,453 shares of the company’s stock valued at $285,434,000 after acquiring an additional 100,502 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Trading Up 0.1 %

Shares of NYSEARCA SPYG traded up $0.09 during mid-day 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. SPDR Portfolio S&P 500 Growth ETF has a twelve month low of $64.63 and a twelve month high of $91.49. The firm has a market capitalization of $30.62 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14. The business has a fifty day simple moving average of $88.34 and a 200 day simple moving average of $83.59.

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).