Sage Mountain Advisors LLC Trims Stock Position in SPDR Portfolio S&P 500 ETF $SPLG

Sage Mountain Advisors LLC lessened its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 9.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,633 shares of the company’s stock after selling 285 shares during the period. Sage Mountain Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $191,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in SPLG. USS Investment Management Ltd purchased a new position in shares of SPDR Portfolio S&P 500 ETF during the first quarter worth $1,394,006,000. Jones Financial Companies Lllp grew its position in SPDR Portfolio S&P 500 ETF by 99.4% during the first quarter. Jones Financial Companies Lllp now owns 31,074,010 shares of the company’s stock valued at $2,031,308,000 after buying an additional 15,489,573 shares during the period. Allianz Asset Management GmbH grew its position in SPDR Portfolio S&P 500 ETF by 38.6% during the first quarter. Allianz Asset Management GmbH now owns 12,846,198 shares of the company’s stock valued at $844,766,000 after buying an additional 3,577,176 shares during the period. LPL Financial LLC grew its position in SPDR Portfolio S&P 500 ETF by 6.7% during the first quarter. LPL Financial LLC now owns 41,960,691 shares of the company’s stock valued at $2,759,335,000 after buying an additional 2,643,842 shares during the period. Finally, SCS Capital Management LLC acquired a new stake in SPDR Portfolio S&P 500 ETF during the first quarter valued at $167,317,000.

SPDR Portfolio S&P 500 ETF Stock Performance

SPLG stock opened at $79.67 on Monday. The firm has a market cap of $94.19 billion, a PE ratio of 25.61 and a beta of 1.00. The firm’s fifty day moving average is $77.41 and its 200 day moving average is $72.64. SPDR Portfolio S&P 500 ETF has a one year low of $56.67 and a one year high of $79.82.

About SPDR Portfolio S&P 500 ETF

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.