SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) is MMA Asset Management LLC’s 2nd Largest Position

MMA Asset Management LLC reduced its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 44.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 298,586 shares of the company’s stock after selling 238,397 shares during the period. SPDR Portfolio S&P 500 Growth ETF makes up approximately 11.5% of MMA Asset Management LLC’s investment portfolio, making the stock its 2nd biggest holding. MMA Asset Management LLC owned 0.09% of SPDR Portfolio S&P 500 Growth ETF worth $26,246,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in SPYG. BankPlus Trust Department acquired a new position in SPDR Portfolio S&P 500 Growth ETF in the 4th quarter worth approximately $25,000. Brown Brothers Harriman & Co. purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter valued at approximately $36,000. Valued Wealth Advisors LLC purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 4th quarter valued at approximately $41,000. Costello Asset Management INC lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 58.0% during the 3rd quarter. Costello Asset Management INC now owns 545 shares of the company’s stock valued at $45,000 after buying an additional 200 shares in the last quarter. Finally, Urban Financial Advisory Corp purchased a new position in SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter valued at $45,000.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of SPYG stock opened at $87.59 on Friday. The stock’s fifty day moving average is $89.90 and its two-hundred day moving average is $86.08. The firm has a market capitalization of $34.54 billion, a P/E ratio of 32.27 and a beta of 1.07. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $68.48 and a fifty-two week high of $92.76.

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).