Verdence Capital Advisors LLC Sells 11,238 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Verdence Capital Advisors LLC reduced its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 41.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,755 shares of the company’s stock after selling 11,238 shares during the quarter. Verdence Capital Advisors LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $1,385,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of SPYG. LPL Financial LLC boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 4.5% during the third quarter. LPL Financial LLC now owns 31,403,162 shares of the company’s stock worth $2,604,578,000 after buying an additional 1,354,443 shares during the period. JPMorgan Chase & Co. boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 2.4% during the third quarter. JPMorgan Chase & Co. now owns 5,161,827 shares of the company’s stock worth $428,122,000 after buying an additional 122,184 shares during the period. HB Wealth Management LLC boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 1.3% during the fourth quarter. HB Wealth Management LLC now owns 4,634,594 shares of the company’s stock worth $393,827,000 after buying an additional 58,372 shares during the period. Bank of New York Mellon Corp boosted its position in SPDR Portfolio S&P 500 Growth ETF by 6.5% during the fourth quarter. Bank of New York Mellon Corp now owns 3,663,070 shares of the company’s stock valued at $321,984,000 after purchasing an additional 222,550 shares during the last quarter. Finally, Dynasty Wealth Management LLC acquired a new position in SPDR Portfolio S&P 500 Growth ETF during the fourth quarter valued at approximately $311,395,000.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA SPYG opened at $85.77 on Thursday. The stock has a 50 day moving average price of $89.57 and a 200 day moving average price of $86.20. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $68.48 and a 52 week high of $92.76. The stock has a market capitalization of $33.82 billion, a PE ratio of 32.27 and a beta of 1.07.

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).