Swmg LLC Sells 39,178 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Swmg LLC decreased its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 79.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,093 shares of the company’s stock after selling 39,178 shares during the period. Swmg LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $653,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in SPLG. Brighton Jones LLC bought a new position in SPDR Portfolio S&P 500 ETF during the 4th quarter valued at about $311,000. Bank of New York Mellon Corp grew its stake in shares of SPDR Portfolio S&P 500 ETF by 117.7% during the fourth quarter. Bank of New York Mellon Corp now owns 88,594 shares of the company’s stock valued at $6,108,000 after purchasing an additional 47,898 shares during the last quarter. QRG Capital Management Inc. grew its stake in shares of SPDR Portfolio S&P 500 ETF by 23.7% during the fourth quarter. QRG Capital Management Inc. now owns 13,769 shares of the company’s stock valued at $949,000 after purchasing an additional 2,642 shares during the last quarter. SVB Wealth LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $391,000. Finally, Fisher Asset Management LLC acquired a new position in SPDR Portfolio S&P 500 ETF during the 4th quarter worth $547,000.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPLG opened at $72.63 on Wednesday. The business’s fifty day moving average price is $68.92 and its two-hundred day moving average price is $68.30. The firm has a market capitalization of $71.08 billion, a price-to-earnings ratio of 25.31 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 52 week low of $56.67 and a 52 week high of $72.84.

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.