Beta Wealth Group Inc. Has $2.21 Million Position in SPDR Portfolio S&P 500 ETF $SPLG

Beta Wealth Group Inc. cut its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 77.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 30,438 shares of the company’s stock after selling 103,718 shares during the quarter. Beta Wealth Group Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $2,213,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Financial Gravity Companies Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 ETF during the 2nd quarter worth approximately $182,000. Tortoise Investment Management LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF by 4.9% in the second quarter. Tortoise Investment Management LLC now owns 106,969 shares of the company’s stock valued at $7,776,000 after purchasing an additional 4,979 shares in the last quarter. Rockefeller Capital Management L.P. lifted its position in SPDR Portfolio S&P 500 ETF by 7.3% in the second quarter. Rockefeller Capital Management L.P. now owns 129,109 shares of the company’s stock worth $9,385,000 after purchasing an additional 8,796 shares during the period. Kingsview Wealth Management LLC boosted its stake in SPDR Portfolio S&P 500 ETF by 6.2% during the second quarter. Kingsview Wealth Management LLC now owns 116,132 shares of the company’s stock worth $8,442,000 after buying an additional 6,750 shares in the last quarter. Finally, Citizens Financial Group Inc. RI boosted its stake in SPDR Portfolio S&P 500 ETF by 137.7% during the second quarter. Citizens Financial Group Inc. RI now owns 151,024 shares of the company’s stock worth $10,978,000 after buying an additional 87,477 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPLG stock opened at $79.05 on Friday. SPDR Portfolio S&P 500 ETF has a 52-week low of $56.67 and a 52-week high of $81.14. The stock has a market cap of $94.07 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00. The firm has a fifty day moving average of $78.69 and a 200-day moving average of $74.43.

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.