Spectrum Planning & Advisory Services Inc. Has $18.58 Million Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Spectrum Planning & Advisory Services Inc. decreased its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 1.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 275,244 shares of the company’s stock after selling 4,451 shares during the quarter. SPDR Portfolio S&P 500 ETF accounts for about 17.9% of Spectrum Planning & Advisory Services Inc.’s investment portfolio, making the stock its largest position. Spectrum Planning & Advisory Services Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $18,582,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in SPLG. BIP Wealth LLC lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 11.2% in the 3rd quarter. BIP Wealth LLC now owns 51,988 shares of the company’s stock valued at $3,510,000 after acquiring an additional 5,236 shares during the last quarter. Schwallier Wealth Management LLC boosted its stake in shares of SPDR Portfolio S&P 500 ETF by 3.2% during the third quarter. Schwallier Wealth Management LLC now owns 27,596 shares of the company’s stock valued at $1,863,000 after purchasing an additional 844 shares in the last quarter. Amara Financial LLC. bought a new position in SPDR Portfolio S&P 500 ETF in the third quarter worth about $273,000. Fortis Advisors LLC increased its position in SPDR Portfolio S&P 500 ETF by 9.9% during the 3rd quarter. Fortis Advisors LLC now owns 9,380 shares of the company’s stock valued at $633,000 after buying an additional 848 shares in the last quarter. Finally, Napa Wealth Management raised its stake in SPDR Portfolio S&P 500 ETF by 1.1% in the 3rd quarter. Napa Wealth Management now owns 40,820 shares of the company’s stock worth $2,756,000 after acquiring an additional 425 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Up 0.4 %

SPLG opened at $69.18 on Tuesday. The company has a market cap of $40.34 billion, a PE ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a twelve month low of $52.98 and a twelve month high of $70.59. The company has a 50-day moving average price of $67.71 and a 200 day moving average price of $65.10.

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.