Convergence Financial LLC Increases Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Convergence Financial LLC increased its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 2.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 112,512 shares of the company’s stock after acquiring an additional 2,528 shares during the quarter. SPDR Portfolio S&P 500 ETF comprises 1.6% of Convergence Financial LLC’s holdings, making the stock its 18th biggest position. Convergence Financial LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $7,596,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Lincoln Capital Corp raised its holdings in shares of SPDR Portfolio S&P 500 ETF by 1.0% during the third quarter. Lincoln Capital Corp now owns 87,751 shares of the company’s stock worth $5,924,000 after purchasing an additional 862 shares during the last quarter. Heritage Oak Wealth Advisors LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF during the 3rd quarter worth approximately $277,000. Silver Oak Securities Incorporated raised its position in SPDR Portfolio S&P 500 ETF by 51.7% during the third quarter. Silver Oak Securities Incorporated now owns 96,111 shares of the company’s stock worth $6,304,000 after acquiring an additional 32,765 shares during the period. Merkkuri Wealth Advisors LLC lifted its stake in SPDR Portfolio S&P 500 ETF by 12.8% in the 3rd quarter. Merkkuri Wealth Advisors LLC now owns 94,922 shares of the company’s stock valued at $6,408,000 after buying an additional 10,752 shares in the last quarter. Finally, Eagle Ridge Investment Management purchased a new position in shares of SPDR Portfolio S&P 500 ETF in the third quarter valued at approximately $1,091,000.

SPDR Portfolio S&P 500 ETF Trading Down 0.0 %

SPLG opened at $68.11 on Friday. The firm has a market capitalization of $39.72 billion, a PE ratio of 26.64 and a beta of 1.00. The firm’s 50-day moving average price is $66.69 and its 200 day moving average price is $64.05. SPDR Portfolio S&P 500 ETF has a twelve month low of $48.13 and a twelve month high of $68.93.

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.