Strategic Financial Partners Ltd. Sells 2,607 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Strategic Financial Partners Ltd. lowered its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 0.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 555,775 shares of the company’s stock after selling 2,607 shares during the quarter. SPDR Portfolio S&P 500 ETF comprises 19.6% of Strategic Financial Partners Ltd.’s investment portfolio, making the stock its biggest position. Strategic Financial Partners Ltd.’s holdings in SPDR Portfolio S&P 500 ETF were worth $38,315,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Swmg LLC boosted its stake in SPDR Portfolio S&P 500 ETF by 0.3% during the 4th quarter. Swmg LLC now owns 49,271 shares of the company’s stock worth $3,515,000 after purchasing an additional 144 shares during the last quarter. Integrity Wealth Solutions LLC boosted its stake in SPDR Portfolio S&P 500 ETF by 0.5% during the 4th quarter. Integrity Wealth Solutions LLC now owns 28,653 shares of the company’s stock worth $1,975,000 after purchasing an additional 145 shares during the last quarter. Key Financial Inc boosted its stake in SPDR Portfolio S&P 500 ETF by 1.6% during the 4th quarter. Key Financial Inc now owns 9,410 shares of the company’s stock worth $649,000 after purchasing an additional 146 shares during the last quarter. Guyasuta Investment Advisors Inc. boosted its stake in SPDR Portfolio S&P 500 ETF by 3.3% during the 4th quarter. Guyasuta Investment Advisors Inc. now owns 4,671 shares of the company’s stock worth $322,000 after purchasing an additional 148 shares during the last quarter. Finally, Sound Income Strategies LLC boosted its stake in SPDR Portfolio S&P 500 ETF by 19.9% during the 4th quarter. Sound Income Strategies LLC now owns 922 shares of the company’s stock worth $64,000 after purchasing an additional 153 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Up 2.0 %

Shares of SPLG opened at $66.20 on Friday. SPDR Portfolio S&P 500 ETF has a 52-week low of $58.08 and a 52-week high of $72.14. The firm’s fifty day moving average is $69.79 and its two-hundred day moving average is $68.94. The stock has a market cap of $55.55 billion, a PE ratio of 24.69 and a beta of 1.01.

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.