Verdence Capital Advisors LLC Has $1.39 Million Stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Verdence Capital Advisors LLC trimmed its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 41.6% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 15,755 shares of the company’s stock after selling 11,238 shares during the period. Verdence Capital Advisors LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $1,385,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Boulder Wealth Advisors LLC lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 6.3% in the fourth quarter. Boulder Wealth Advisors LLC now owns 40,328 shares of the company’s stock valued at $3,545,000 after buying an additional 2,376 shares during the last quarter. Atria Investments Inc lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 26.0% in the fourth quarter. Atria Investments Inc now owns 155,520 shares of the company’s stock valued at $13,670,000 after buying an additional 32,103 shares during the last quarter. Assetmark Inc. lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 12.3% in the fourth quarter. Assetmark Inc. now owns 175,276 shares of the company’s stock valued at $15,407,000 after buying an additional 19,227 shares during the last quarter. Ring Mountain Capital LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the fourth quarter worth approximately $1,692,000. Finally, Synergy Investment Management LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the fourth quarter worth approximately $6,814,000.

SPDR Portfolio S&P 500 Growth ETF Trading Up 1.4 %

Shares of NYSEARCA SPYG opened at $85.77 on Thursday. The firm has a market cap of $33.82 billion, a P/E ratio of 32.27 and a beta of 1.07. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $68.48 and a 1-year high of $92.76. The business’s 50 day moving average is $89.57 and its 200-day moving average is $86.20.

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).