Tower Wealth Partners Inc. Buys 2,783 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Tower Wealth Partners Inc. boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 1.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 183,259 shares of the company’s stock after purchasing an additional 2,783 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF accounts for approximately 8.7% of Tower Wealth Partners Inc.’s holdings, making the stock its 3rd biggest position. Tower Wealth Partners Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $13,405,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Summit Investment Advisory Services LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 5.3% during the 1st quarter. Summit Investment Advisory Services LLC now owns 20,421 shares of the company’s stock worth $1,494,000 after acquiring an additional 1,025 shares during the period. MBM Wealth Consultants LLC grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 2.8% in the 1st quarter. MBM Wealth Consultants LLC now owns 33,320 shares of the company’s stock valued at $2,437,000 after purchasing an additional 909 shares during the period. Compton Financial Group LLC raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 15.6% in the 1st quarter. Compton Financial Group LLC now owns 695,900 shares of the company’s stock worth $50,905,000 after buying an additional 94,093 shares in the last quarter. Woodmont Investment Counsel LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 1st quarter worth approximately $44,000. Finally, Synergy Asset Management LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF in the 1st quarter valued at $250,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of NYSEARCA:SPYG opened at $81.41 on Wednesday. The business’s fifty day moving average price is $76.07 and its two-hundred day moving average price is $71.79. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $56.78 and a fifty-two week high of $81.51. The stock has a market capitalization of $27.94 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14.

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).