Macco Financial Group Inc. Buys Shares of 77,894 SPDR Portfolio S&P 500 Growth ETF $SPYG

Macco Financial Group Inc. purchased a new stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) in the fourth quarter, HoldingsChannel reports. The firm purchased 77,894 shares of the company’s stock, valued at approximately $8,311,000. SPDR Portfolio S&P 500 Growth ETF makes up approximately 7.1% of Macco Financial Group Inc.’s investment portfolio, making the stock its 6th largest position.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Stone Wealth Partners purchased a new position in SPDR Portfolio S&P 500 Growth ETF during the 4th quarter valued at about $13,545,000. Clear Retirement Advice LLC acquired a new position in SPDR Portfolio S&P 500 Growth ETF during the fourth quarter worth about $3,777,000. Drake & Associates LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 8.9% in the fourth quarter. Drake & Associates LLC now owns 310,642 shares of the company’s stock valued at $33,146,000 after purchasing an additional 25,452 shares in the last quarter. Monetary Solutions Ltd purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the fourth quarter valued at about $835,000. Finally, Bauman Advisory Group LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the fourth quarter valued at approximately $231,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

SPYG stock opened at $119.54 on Friday. The company’s 50 day simple moving average is $115.32 and its 200-day simple moving average is $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 firm has a market capitalization of $52.68 billion, a PE 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.