Magnolia Private Wealth LLC Sells 696 Shares of SPDR Portfolio S&P 500 ETF $SPLG

Magnolia Private Wealth LLC lessened its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 9.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,984 shares of the company’s stock after selling 696 shares during the period. Magnolia Private Wealth LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $508,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of SPLG. Roxbury Financial LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at about $28,000. Signature Resources Capital Management LLC boosted its holdings in shares of SPDR Portfolio S&P 500 ETF by 1,200.0% during the 1st quarter. Signature Resources Capital Management LLC now owns 455 shares of the company’s stock worth $30,000 after buying an additional 420 shares during the period. Retirement Wealth Solutions LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF during the 2nd quarter worth about $32,000. Pacifica Partners Inc. bought a new stake in shares of SPDR Portfolio S&P 500 ETF during the 2nd quarter worth about $42,000. Finally, Missouri Trust & Investment Co bought a new stake in shares of SPDR Portfolio S&P 500 ETF during the 1st quarter worth about $46,000.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPLG stock opened at $78.34 on Wednesday. The company has a market capitalization of $83.15 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00. The company has a 50-day simple moving average of $76.04 and a 200 day simple moving average of $70.85. SPDR Portfolio S&P 500 ETF has a 52 week low of $56.67 and a 52 week high of $78.74.

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.