Syntegra Private Wealth Group LLC Trims Holdings in SPDR Portfolio S&P 500 ETF $SPLG

Syntegra Private Wealth Group LLC cut its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 8.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 70,515 shares of the company’s stock after selling 6,446 shares during the period. SPDR Portfolio S&P 500 ETF accounts for 0.5% of Syntegra Private Wealth Group LLC’s portfolio, making the stock its 24th largest position. Syntegra Private Wealth Group LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $5,126,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the stock. WealthShield Partners LLC grew its stake in SPDR Portfolio S&P 500 ETF by 4.3% in the first quarter. WealthShield Partners LLC now owns 28,946 shares of the company’s stock worth $1,904,000 after purchasing an additional 1,191 shares in the last quarter. Advisors Capital Management LLC raised its stake in SPDR Portfolio S&P 500 ETF by 7.3% during the first quarter. Advisors Capital Management LLC now owns 6,848 shares of the company’s stock valued at $450,000 after buying an additional 468 shares in the last quarter. Fiduciary Alliance LLC bought a new position in SPDR Portfolio S&P 500 ETF during the 2nd quarter worth approximately $660,000. Foundations Investment Advisors LLC grew its position in shares of SPDR Portfolio S&P 500 ETF by 0.9% in the 1st quarter. Foundations Investment Advisors LLC now owns 48,482 shares of the company’s stock worth $3,188,000 after acquiring an additional 446 shares in the last quarter. Finally, Fortitude Financial LLC increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 101.7% in the 1st quarter. Fortitude Financial LLC now owns 436,977 shares of the company’s stock valued at $28,736,000 after acquiring an additional 220,281 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Trading Up 1.0%

SPLG stock opened at $78.97 on Tuesday. The firm has a market cap of $92.00 billion, a P/E ratio of 25.61 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 12-month low of $56.67 and a 12-month high of $79.28. The stock’s 50 day simple moving average is $77.15 and its 200 day simple moving average is $72.11.

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.