SPDR Portfolio S&P 500 Growth ETF $SPYG Shares Purchased by Convergence Financial LLC

Convergence Financial LLC raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 27.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 541,535 shares of the company’s stock after acquiring an additional 116,717 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF makes up 8.5% of Convergence Financial LLC’s portfolio, making the stock its largest holding. Convergence Financial LLC owned about 0.13% of SPDR Portfolio S&P 500 Growth ETF worth $56,596,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Clayton Financial Group LLC bought a new position in SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at about $26,000. CGC Financial Services LLC acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth about $30,000. Quaker Wealth Management LLC increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 292.9% in the 2nd quarter. Quaker Wealth Management LLC now owns 301 shares of the company’s stock valued at $29,000 after acquiring an additional 457 shares during the last quarter. Grey Fox Wealth Advisors LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter valued at approximately $41,000. Finally, Russell Investments Group Ltd. boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 138.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 545 shares of the company’s stock worth $52,000 after acquiring an additional 316 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA:SPYG opened at $104.89 on Friday. The company has a 50 day moving average price of $106.33 and a two-hundred day moving average price of $104.68. The company has a market capitalization of $44.74 billion, a PE ratio of 32.28 and a beta of 1.11. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $68.65 and a 52 week high of $109.63.

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.