WCG Wealth Advisors LLC Decreases Position in SPDR Portfolio S&P 500 ETF $SPLG

WCG Wealth Advisors LLC decreased its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 11.0% in the third quarter, Holdings Channel reports. The firm owned 310,652 shares of the company’s stock after selling 38,376 shares during the period. SPDR Portfolio S&P 500 ETF comprises about 1.5% of WCG Wealth Advisors LLC’s portfolio, making the stock its 13th largest position. WCG Wealth Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $24,336,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE increased its position in SPDR Portfolio S&P 500 ETF by 88.5% during the 2nd quarter. Bank of America Corp DE now owns 59,401,970 shares of the company’s stock valued at $4,317,929,000 after buying an additional 27,889,948 shares in the last quarter. Jones Financial Companies Lllp boosted its holdings in SPDR Portfolio S&P 500 ETF by 15.3% in the third quarter. Jones Financial Companies Lllp now owns 50,982,604 shares of the company’s stock worth $3,968,996,000 after acquiring an additional 6,782,445 shares in the last quarter. Creative Planning boosted its holdings in SPDR Portfolio S&P 500 ETF by 1.0% in the second quarter. Creative Planning now owns 31,140,324 shares of the company’s stock worth $2,263,590,000 after acquiring an additional 319,951 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of SPDR Portfolio S&P 500 ETF by 6.2% during the third quarter. Envestnet Asset Management Inc. now owns 16,868,988 shares of the company’s stock worth $1,321,517,000 after acquiring an additional 984,276 shares during the last quarter. Finally, Kedalion Capital Management LLP grew its stake in shares of SPDR Portfolio S&P 500 ETF by 83.7% during the third quarter. Kedalion Capital Management LLP now owns 12,884,000 shares of the company’s stock worth $1,009,333,000 after acquiring an additional 5,869,620 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Down 1.5%

SPLG opened at $78.38 on Friday. The company has a market cap of $93.28 billion, a P/E ratio of 25.61 and a beta of 1.00. The firm’s 50-day moving average price is $80.83 and its 200-day moving average price is $79.57. SPDR Portfolio S&P 500 ETF has a 52-week low of $56.67 and a 52-week high of $81.14.

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. The sectors in which the Fund invests include information technology, financials, consumer discretionary, health care, industrials, energy, consumer staples, materials, utilities and telecommunication services.