Mach 1 Financial Group LLC Sells 16,232 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Mach 1 Financial Group LLC decreased its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 67.2% in the fourth quarter, Holdings Channel.com reports. The fund owned 7,905 shares of the company’s stock after selling 16,232 shares during the period. Mach 1 Financial Group LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $514,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Headinvest LLC bought a new position in SPDR Portfolio S&P 500 Growth ETF during the third quarter valued at $29,000. Headlands Technologies LLC bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 4th quarter worth about $32,000. Gradient Investments LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 510.1% in the 3rd quarter. Gradient Investments LLC now owns 604 shares of the company’s stock worth $36,000 after acquiring an additional 505 shares during the last quarter. Legacy Financial Group LLC bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter worth about $41,000. Finally, Whittier Trust Co. bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter worth about $52,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of SPDR Portfolio S&P 500 Growth ETF stock traded down $0.27 during trading on Wednesday, hitting $70.05. The stock had a trading volume of 339,751 shares, compared to its average volume of 2,138,255. The firm’s fifty day simple moving average is $71.96 and its 200-day simple moving average is $66.96. The stock has a market cap of $23.89 billion, a PE ratio of 27.72 and a beta of 1.10. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $54.73 and a 12 month high of $74.10.

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).