McMill Wealth Management Cuts Holdings in SPDR Portfolio S&P 500 ETF $SPLG

McMill Wealth Management cut its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 2.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 305,874 shares of the company’s stock after selling 7,123 shares during the quarter. SPDR Portfolio S&P 500 ETF comprises approximately 6.8% of McMill Wealth Management’s holdings, making the stock its 4th largest holding. McMill Wealth Management’s holdings in SPDR Portfolio S&P 500 ETF were worth $23,962,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Clearstead Trust LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF in the second quarter valued at $30,000. GPS Wealth Strategies Group LLC raised its position in SPDR Portfolio S&P 500 ETF by 194.6% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 489 shares of the company’s stock worth $36,000 after purchasing an additional 323 shares during the period. Center for Financial Planning Inc. bought a new stake in SPDR Portfolio S&P 500 ETF in the third quarter worth about $37,000. GAMMA Investing LLC purchased a new position in shares of SPDR Portfolio S&P 500 ETF during the third quarter valued at approximately $40,000. Finally, Elevation Wealth Partners LLC boosted its position in shares of SPDR Portfolio S&P 500 ETF by 52.4% during the third quarter. Elevation Wealth Partners LLC now owns 573 shares of the company’s stock valued at $45,000 after buying an additional 197 shares during the period.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of NYSEARCA SPLG opened at $80.20 on Monday. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $56.67 and a fifty-two week high of $81.14. The company has a market cap of $95.44 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00. The business’s 50 day moving average price is $80.93 and its 200-day moving average price is $78.88.

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.