Wealthspire Advisors LLC Reduces Stock Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Wealthspire Advisors LLC lowered its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 2.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 834,599 shares of the company’s stock after selling 20,385 shares during the period. Wealthspire Advisors LLC owned approximately 0.23% of SPDR Portfolio S&P 500 ETF worth $46,654,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Tsfg LLC raised its holdings in shares of SPDR Portfolio S&P 500 ETF by 255.5% in the fourth quarter. Tsfg LLC now owns 551 shares of the company’s stock worth $31,000 after acquiring an additional 396 shares during the last quarter. Chilton Capital Management LLC purchased a new position in SPDR Portfolio S&P 500 ETF in the 4th quarter valued at about $31,000. Tower View Wealth Management LLC boosted its stake in shares of SPDR Portfolio S&P 500 ETF by 416.8% during the 4th quarter. Tower View Wealth Management LLC now owns 615 shares of the company’s stock worth $34,000 after purchasing an additional 496 shares during the last quarter. Venturi Wealth Management LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF in the third quarter valued at approximately $31,000. Finally, Rakuten Securities Inc. purchased a new position in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter valued at approximately $35,000.

SPDR Portfolio S&P 500 ETF Stock Performance

NYSEARCA SPLG traded up $0.36 during mid-day trading on Thursday, reaching $61.18. 5,814,753 shares of the stock were exchanged, compared to its average volume of 8,603,110. The stock has a market capitalization of $34.51 billion, a PE ratio of 25.60 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 1-year low of $48.07 and a 1-year high of $61.69. The business’s fifty day simple moving average is $60.28 and its 200 day simple moving average is $56.89.

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.