Macco Financial Group Inc. Lowers Position in SPDR Portfolio S&P 500 Growth ETF $SPYG

Macco Financial Group Inc. reduced its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 10.4% during the first quarter, according to its most recent filing with the SEC. The fund owned 69,812 shares of the company’s stock after selling 8,082 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF accounts for approximately 5.2% of Macco Financial Group Inc.’s portfolio, making the stock its 8th largest holding. Macco Financial Group Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $6,835,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. Optiver Holding B.V. bought a new stake 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 shares of SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter valued at approximately $25,000. Financial Life Planners purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth approximately $26,000. Hantz Financial Services Inc. increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 583.8% during the 4th quarter. Hantz Financial Services Inc. now owns 253 shares of the company’s stock worth $27,000 after purchasing an additional 216 shares during the last quarter. Finally, New Millennium Group LLC bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 4th quarter worth approximately $29,000.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

SPDR Portfolio S&P 500 Growth ETF stock opened at $114.71 on Monday. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $93.61 and a 12 month high of $122.92. The business’s 50 day simple moving average is $116.61 and its 200 day simple moving average is $108.80. 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 Company 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.