Macco Financial Group Inc. Makes New $8.31 Million Investment in SPDR Portfolio S&P 500 Growth ETF $SPYG

Macco Financial Group Inc. purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 77,894 shares of the company’s stock, valued at approximately $8,311,000. SPDR Portfolio S&P 500 Growth ETF accounts for approximately 7.1% of Macco Financial Group Inc.’s investment portfolio, making the stock its 6th biggest position.

A number of other institutional investors and hedge funds have also made changes to their positions in SPYG. Optiver Holding B.V. acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at about $25,000. United Financial Planning Group LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF during the third quarter worth about $25,000. Financial Life Planners acquired a new position in SPDR Portfolio S&P 500 Growth ETF during the third quarter worth about $26,000. Hantz Financial Services Inc. grew its position in 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 worth $27,000 after buying an additional 216 shares during the period. Finally, New Millennium Group LLC purchased a new position in SPDR Portfolio S&P 500 Growth ETF in the fourth quarter valued at about $29,000.

SPDR Portfolio S&P 500 Growth ETF Trading Up 1.7%

Shares of SPDR Portfolio S&P 500 Growth ETF stock opened at $119.54 on Friday. The company has a 50-day moving average of $115.32 and a two-hundred day moving average of $108.40. SPDR Portfolio S&P 500 Growth ETF has a 12-month low of $90.21 and a 12-month high of $122.92. The stock has a market cap of $52.68 billion, a PE 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.