Fulcrum Equity Management Cuts Stake in SPDR Portfolio S&P 500 ETF $SPLG

Fulcrum Equity Management reduced its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 39.8% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 13,111 shares of the company’s stock after selling 8,659 shares during the period. SPDR Portfolio S&P 500 ETF makes up about 1.0% of Fulcrum Equity Management’s holdings, making the stock its 24th largest position. Fulcrum Equity Management’s holdings in SPDR Portfolio S&P 500 ETF were worth $953,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in SPLG. Consolidated Planning Corp lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 2.3% during the 2nd quarter. Consolidated Planning Corp now owns 6,079 shares of the company’s stock worth $442,000 after purchasing an additional 137 shares during the period. Westover Capital Advisors LLC lifted its position in SPDR Portfolio S&P 500 ETF by 0.4% during the second quarter. Westover Capital Advisors LLC now owns 35,931 shares of the company’s stock worth $2,612,000 after buying an additional 138 shares during the period. Ranch Capital Advisors Inc. boosted its stake in SPDR Portfolio S&P 500 ETF by 0.7% in the 2nd quarter. Ranch Capital Advisors Inc. now owns 21,013 shares of the company’s stock worth $1,527,000 after buying an additional 143 shares during the last quarter. International Assets Investment Management LLC grew its holdings in SPDR Portfolio S&P 500 ETF by 3.3% in the 2nd quarter. International Assets Investment Management LLC now owns 4,666 shares of the company’s stock valued at $339,000 after buying an additional 149 shares during the period. Finally, Cary Street Partners Investment Advisory LLC grew its holdings in SPDR Portfolio S&P 500 ETF by 20.2% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 898 shares of the company’s stock valued at $65,000 after buying an additional 151 shares during the period.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of SPLG stock opened at $80.22 on Friday. The firm’s 50-day simple moving average is $79.37 and its 200-day simple moving average is $76.06. SPDR Portfolio S&P 500 ETF has a 1-year low of $56.67 and a 1-year high of $81.14. The firm has a market cap of $95.47 billion, a P/E ratio of 25.61 and a beta of 1.00.

SPDR Portfolio S&P 500 ETF 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.