Safeguard Financial LLC Trims Stock Holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Safeguard Financial LLC lowered its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 4.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 23,928 shares of the company’s stock after selling 1,032 shares during the quarter. SPDR Portfolio S&P 500 ETF makes up approximately 0.5% of Safeguard Financial LLC’s portfolio, making the stock its 22nd biggest position. Safeguard Financial LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,338,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Moneta Group Investment Advisors LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF by 102,333.3% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 615,380,614 shares of the company’s stock worth $27,679,820,000 after purchasing an additional 614,779,852 shares during the last quarter. Advance Capital Management Inc. raised its stake in shares of SPDR Portfolio S&P 500 ETF by 200.6% during the fourth quarter. Advance Capital Management Inc. now owns 5,956,973 shares of the company’s stock worth $332,995,000 after purchasing an additional 3,975,462 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of SPDR Portfolio S&P 500 ETF by 30.6% during the third quarter. JPMorgan Chase & Co. now owns 10,044,571 shares of the company’s stock worth $504,862,000 after purchasing an additional 2,351,596 shares during the last quarter. LPL Financial LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF by 10.9% during the third quarter. LPL Financial LLC now owns 22,823,121 shares of the company’s stock worth $1,147,090,000 after purchasing an additional 2,235,952 shares during the last quarter. Finally, Advocacy Wealth Management Services LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter worth approximately $110,834,000.

SPDR Portfolio S&P 500 ETF Trading Down 0.2 %

Shares of SPDR Portfolio S&P 500 ETF stock traded down $0.10 during trading hours on Tuesday, hitting $59.22. 10,808,775 shares of the company were exchanged, compared to its average volume of 8,833,668. SPDR Portfolio S&P 500 ETF has a 1 year low of $47.48 and a 1 year high of $61.69. The business has a 50-day moving average of $60.08 and a 200-day moving average of $55.86. The stock has a market capitalization of $32.74 billion, a price-to-earnings ratio of 25.72 and a beta of 1.00.

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.