Towne Trust Company N.A Has $3.94 Million Stock Position in SPDR Portfolio S&P 500 Growth ETF $SPYG

Towne Trust Company N.A boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 38.2% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 40,282 shares of the company’s stock after acquiring an additional 11,135 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF makes up approximately 1.3% of Towne Trust Company N.A’s holdings, making the stock its 26th biggest holding. Towne Trust Company N.A’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $3,944,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPYG. Whittier Trust Co. lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 10.2% during the fourth quarter. Whittier Trust Co. now owns 1,040 shares of the company’s stock worth $112,000 after purchasing an additional 96 shares in the last quarter. SmartHarvest Portfolios LLC increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 1.7% in the first quarter. SmartHarvest Portfolios LLC now owns 5,804 shares of the company’s stock valued at $568,000 after purchasing an additional 96 shares in the last quarter. Thoroughbred Financial Services LLC increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 0.6% in the fourth quarter. Thoroughbred Financial Services LLC now owns 17,381 shares of the company’s stock valued at $1,854,000 after purchasing an additional 99 shares in the last quarter. Pathstone Holdings LLC raised its position in SPDR Portfolio S&P 500 Growth ETF by 0.4% in the 3rd quarter. Pathstone Holdings LLC now owns 22,934 shares of the company’s stock worth $2,397,000 after purchasing an additional 102 shares during the last quarter. Finally, Fiduciary Group LLC raised its position in SPDR Portfolio S&P 500 Growth ETF by 3.4% in the 4th quarter. Fiduciary Group LLC now owns 3,109 shares of the company’s stock worth $332,000 after purchasing an additional 103 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

NYSEARCA:SPYG opened at $114.71 on Friday. The stock’s fifty day moving average price is $116.61 and its two-hundred day moving average price is $108.79. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $93.61 and a 52-week high of $122.92. The company has a market cap of $50.55 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17.

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.