MBM Wealth Consultants LLC Sells 859 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

MBM Wealth Consultants LLC lessened its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 2.4% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 34,847 shares of the company’s stock after selling 859 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises 0.9% of MBM Wealth Consultants LLC’s portfolio, making the stock its 15th largest position. MBM Wealth Consultants LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $2,890,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in SPYG. Goldman Sachs Group Inc. raised its stake in SPDR Portfolio S&P 500 Growth ETF by 66.3% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,283,208 shares of the company’s stock valued at $83,485,000 after buying an additional 511,646 shares during the last quarter. Stephens Inc. AR raised its position in shares of SPDR Portfolio S&P 500 Growth ETF by 5.0% in the 4th quarter. Stephens Inc. AR now owns 14,496 shares of the company’s stock worth $943,000 after purchasing an additional 686 shares during the last quarter. Regal Investment Advisors LLC boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 6.1% in the 4th quarter. Regal Investment Advisors LLC now owns 26,865 shares of the company’s stock worth $1,748,000 after purchasing an additional 1,544 shares in the last quarter. Visionary Wealth Advisors grew its position in SPDR Portfolio S&P 500 Growth ETF by 3.1% during the 4th quarter. Visionary Wealth Advisors now owns 8,578 shares of the company’s stock valued at $558,000 after purchasing an additional 261 shares during the last quarter. Finally, Redwood Investment Management LLC bought a new stake in SPDR Portfolio S&P 500 Growth ETF during the 4th quarter valued at about $18,014,000.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of SPDR Portfolio S&P 500 Growth ETF stock opened at $81.97 on Tuesday. The company has a 50-day simple moving average of $79.60 and a two-hundred day simple moving average of $77.34. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $56.78 and a 52-week high of $84.16. The stock has a market capitalization of $28.14 billion, a PE ratio of 27.22 and a beta of 1.14.

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).