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

Macco Financial Group Inc. cut its holdings in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 10.4% during the 1st quarter, Holdings Channel.com reports. The firm owned 69,812 shares of the company’s stock after selling 8,082 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises approximately 5.2% of Macco Financial Group Inc.’s holdings, making the stock its 8th biggest position. Macco Financial Group Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $6,835,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Private Wealth Group LLC increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 2.6% in the first quarter. Private Wealth Group LLC now owns 45,569 shares of the company’s stock worth $4,462,000 after purchasing an additional 1,141 shares in the last quarter. Continuum Advisory LLC lifted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 22.3% during the 1st quarter. Continuum Advisory LLC now owns 53,900 shares of the company’s stock valued at $5,277,000 after buying an additional 9,846 shares in the last quarter. Asset Allocation Strategies LLC lifted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 4.1% during the 1st quarter. Asset Allocation Strategies LLC now owns 127,927 shares of the company’s stock valued at $12,525,000 after buying an additional 5,026 shares in the last quarter. Detalus Advisors LLC boosted its holdings in SPDR Portfolio S&P 500 Growth ETF by 27.6% in the 1st quarter. Detalus Advisors LLC now owns 2,878 shares of the company’s stock worth $282,000 after buying an additional 622 shares during the period. Finally, Apollon Financial LLC boosted its holdings in SPDR Portfolio S&P 500 Growth ETF by 10.8% in the 1st quarter. Apollon Financial LLC now owns 99,366 shares of the company’s stock worth $9,729,000 after buying an additional 9,706 shares during the period.

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 1-year low of $93.61 and a 1-year high of $122.92. The firm has a market capitalization of $50.55 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17. The firm has a 50 day simple moving average of $116.61 and a 200 day simple moving average of $108.80.

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.