SPDR Portfolio S&P 500 Growth ETF $SPYG Stock Sold by Convergence Financial LLC

Convergence Financial LLC reduced its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 47.8% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 426,668 shares of the company’s stock after selling 391,003 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises about 7.4% of Convergence Financial LLC’s portfolio, making the stock its biggest position. Convergence Financial LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $52,514,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Latitude Advisors LLC increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 1.1% during the third quarter. Latitude Advisors LLC now owns 16,643 shares of the company’s stock valued at $2,048,000 after buying an additional 179 shares during the period. Balance Wealth Partners LLC bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at about $38,000. Foresight Capital Management Advisors Inc. purchased a new stake in SPDR Portfolio S&P 500 Growth ETF in the third quarter worth about $4,758,000. Roman Butler Fullerton & Co. purchased a new stake in SPDR Portfolio S&P 500 Growth ETF in the third quarter worth about $264,000. Finally, SYM FINANCIAL Corp purchased a new stake in SPDR Portfolio S&P 500 Growth ETF in the third quarter worth about $72,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of SPDR Portfolio S&P 500 Growth ETF stock opened at $121.33 on Thursday. SPDR Portfolio S&P 500 Growth ETF has a 1 year low of $93.61 and a 1 year high of $127.13. The firm’s 50-day moving average is $121.87 and its two-hundred day moving average is $114.07. The stock has a market cap of $56.15 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17.

SPDR Portfolio S&P 500 Growth ETF 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.