Convergence Financial LLC Grows Stock Holdings in SPDR Portfolio S&P 500 ETF $SPLG

Convergence Financial LLC raised its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 5.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 170,896 shares of the company’s stock after acquiring an additional 8,158 shares during the period. SPDR Portfolio S&P 500 ETF makes up 2.1% of Convergence Financial LLC’s portfolio, making the stock its 14th biggest position. Convergence Financial LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $12,422,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Roxbury Financial LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF in the second quarter worth approximately $28,000. Retirement Wealth Solutions LLC bought a new position in SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at approximately $32,000. GPS Wealth Strategies Group LLC lifted its position in SPDR Portfolio S&P 500 ETF by 194.6% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 489 shares of the company’s stock valued at $36,000 after acquiring an additional 323 shares in the last quarter. Pacifica Partners Inc. purchased a new stake in SPDR Portfolio S&P 500 ETF during the 2nd quarter valued at $42,000. Finally, Crewe Advisors LLC increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 246.4% in the 2nd quarter. Crewe Advisors LLC now owns 634 shares of the company’s stock worth $46,000 after purchasing an additional 451 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of NYSEARCA:SPLG opened at $80.39 on Wednesday. The company has a market cap of $95.67 billion, a P/E ratio of 25.61 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 1 year low of $56.67 and a 1 year high of $81.14. The stock’s fifty day moving average price is $78.11 and its 200-day moving average price is $73.59.

SPDR Portfolio S&P 500 ETF Company Profile

SPDR Russell 1000 ETF (the Fund), formerly SPDR Dow Jones Large Cap ETF, seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of large capitalization exchange traded the United States equity securities.