SPDR Portfolio S&P 500 ETF $SPLG Position Trimmed by Howard Bailey Securities LLC

Howard Bailey Securities LLC lowered its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 12.8% in the third quarter, HoldingsChannel reports. The institutional investor owned 99,627 shares of the company’s stock after selling 14,593 shares during the period. SPDR Portfolio S&P 500 ETF makes up 2.9% of Howard Bailey Securities LLC’s investment portfolio, making the stock its 7th largest position. Howard Bailey Securities LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $7,805,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Clearstead Trust LLC acquired a new stake in SPDR Portfolio S&P 500 ETF during the second quarter worth about $30,000. GPS Wealth Strategies Group LLC increased its holdings in SPDR Portfolio S&P 500 ETF by 194.6% in the second quarter. GPS Wealth Strategies Group LLC now owns 489 shares of the company’s stock valued at $36,000 after buying an additional 323 shares in the last quarter. GAMMA Investing LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF in the third quarter worth about $40,000. Elevation Wealth Partners LLC boosted its stake in shares of SPDR Portfolio S&P 500 ETF by 52.4% during the 3rd quarter. Elevation Wealth Partners LLC now owns 573 shares of the company’s stock worth $45,000 after acquiring an additional 197 shares in the last quarter. Finally, Crewe Advisors LLC grew its position in shares of SPDR Portfolio S&P 500 ETF by 246.4% during the 2nd quarter. Crewe Advisors LLC now owns 634 shares of the company’s stock valued at $46,000 after acquiring an additional 451 shares during the period.

SPDR Portfolio S&P 500 ETF Price Performance

SPLG stock opened at $81.40 on Monday. SPDR Portfolio S&P 500 ETF has a 1 year low of $56.67 and a 1 year high of $81.14. The firm has a market capitalization of $96.87 billion, a PE ratio of 25.61 and a beta of 1.00. The business has a 50 day simple moving average of $80.66 and a 200-day simple moving average of $78.41.

SPDR Portfolio S&P 500 ETF 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.