SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) Shares Sold by Convergence Financial LLC

Convergence Financial LLC lessened its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 0.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 411,930 shares of the company’s stock after selling 1,293 shares during the period. SPDR Portfolio S&P 500 Growth ETF makes up 7.2% of Convergence Financial LLC’s investment portfolio, making the stock its largest position. Convergence Financial LLC owned 0.12% of SPDR Portfolio S&P 500 Growth ETF worth $36,209,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Franklin Resources Inc. raised its position in SPDR Portfolio S&P 500 Growth ETF by 132.3% in the third quarter. Franklin Resources Inc. now owns 13,196 shares of the company’s stock valued at $1,118,000 after purchasing an additional 7,516 shares during the period. Fifth Third Wealth Advisors LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the fourth quarter valued at $200,000. Rede Wealth LLC raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 8.6% in the 4th quarter. Rede Wealth LLC now owns 24,108 shares of the company’s stock valued at $2,119,000 after buying an additional 1,903 shares during the period. AdvisorNet Financial Inc lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 11.5% during the 4th quarter. AdvisorNet Financial Inc now owns 9,863 shares of the company’s stock worth $867,000 after acquiring an additional 1,019 shares in the last quarter. Finally, Compass Capital Corp MA ADV purchased a new position in SPDR Portfolio S&P 500 Growth ETF during the 4th quarter valued at about $3,268,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

NYSEARCA SPYG opened at $88.31 on Thursday. The company has a market cap of $34.82 billion, a P/E ratio of 32.27 and a beta of 1.07. The stock has a 50-day moving average of $89.97 and a two-hundred day moving average of $85.95. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $68.48 and a 1-year high of $92.76.

About SPDR Portfolio S&P 500 Growth ETF

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).