Brown Miller Wealth Management LLC Reduces Stock Holdings in SPDR Portfolio S&P 500 ETF $SPLG

Brown Miller Wealth Management LLC reduced its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 2.5% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 61,513 shares of the company’s stock after selling 1,584 shares during the period. SPDR Portfolio S&P 500 ETF makes up approximately 1.4% of Brown Miller Wealth Management LLC’s holdings, making the stock its 11th largest holding. Brown Miller Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $4,471,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Roxbury Financial LLC purchased a new stake in SPDR Portfolio S&P 500 ETF in the 2nd quarter worth about $28,000. Signature Resources Capital Management LLC boosted its position in SPDR Portfolio S&P 500 ETF by 1,200.0% during the first quarter. Signature Resources Capital Management LLC now owns 455 shares of the company’s stock worth $30,000 after purchasing an additional 420 shares during the period. Retirement Wealth Solutions LLC purchased a new position in shares of SPDR Portfolio S&P 500 ETF in the second quarter worth about $32,000. Pacifica Partners Inc. bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the second quarter valued at approximately $42,000. Finally, Missouri Trust & Investment Co bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the first quarter valued at approximately $46,000.

SPDR Portfolio S&P 500 ETF Trading Up 0.0%

SPLG opened at $78.73 on Friday. SPDR Portfolio S&P 500 ETF has a 12 month low of $56.67 and a 12 month high of $79.13. The company has a market cap of $87.22 billion, a PE ratio of 25.61 and a beta of 1.00. The company has a 50 day moving average of $76.28 and a 200 day moving average of $71.10.

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.