Lion Street Advisors LLC Reduces Stock Position in SPDR Portfolio S&P 500 ETF $SPLG

Lion Street Advisors LLC lowered its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 6.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,871 shares of the company’s stock after selling 469 shares during the quarter. Lion Street Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $499,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. MGO One Seven LLC boosted its holdings in SPDR Portfolio S&P 500 ETF by 0.3% in the second quarter. MGO One Seven LLC now owns 123,514 shares of the company’s stock worth $8,978,000 after purchasing an additional 389 shares during the last quarter. Joel Adams & Associates Inc. boosted its holdings in SPDR Portfolio S&P 500 ETF by 13.2% in the second quarter. Joel Adams & Associates Inc. now owns 5,735 shares of the company’s stock worth $417,000 after purchasing an additional 669 shares during the last quarter. M3 Advisory Group LLC purchased a new stake in SPDR Portfolio S&P 500 ETF in the second quarter worth approximately $216,000. CCG Wealth Management LLC boosted its holdings in SPDR Portfolio S&P 500 ETF by 2.2% in the second quarter. CCG Wealth Management LLC now owns 610,231 shares of the company’s stock worth $44,358,000 after purchasing an additional 13,153 shares during the last quarter. Finally, Alpha Financial Partners LLC boosted its stake in shares of SPDR Portfolio S&P 500 ETF by 6.5% during the 2nd quarter. Alpha Financial Partners LLC now owns 76,589 shares of the company’s stock worth $5,567,000 after acquiring an additional 4,702 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of SPDR Portfolio S&P 500 ETF stock opened at $76.84 on Monday. The company’s fifty day simple moving average is $76.70 and its 200-day simple moving average is $71.53. The stock has a market capitalization of $87.51 billion, a PE ratio of 25.61 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 1-year low of $56.67 and a 1-year high of $79.28.

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.