Woodmont Investment Counsel LLC Lowers Stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Woodmont Investment Counsel LLC cut its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 44.1% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 23,667 shares of the company’s stock after selling 18,667 shares during the period. Woodmont Investment Counsel LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,556,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Ironwood Wealth Management LLC. acquired a new position in shares of SPDR Portfolio S&P 500 ETF during the 4th quarter worth approximately $395,000. Brighton Jones LLC acquired a new position in SPDR Portfolio S&P 500 ETF during the fourth quarter worth $311,000. Allworth Financial LP raised its position in SPDR Portfolio S&P 500 ETF by 10.2% during the fourth quarter. Allworth Financial LP now owns 7,128 shares of the company’s stock worth $509,000 after acquiring an additional 662 shares during the period. Principal Financial Group Inc. lifted its holdings in SPDR Portfolio S&P 500 ETF by 18.5% during the fourth quarter. Principal Financial Group Inc. now owns 453,169 shares of the company’s stock valued at $31,241,000 after purchasing an additional 70,841 shares in the last quarter. Finally, Truist Financial Corp grew its position in shares of SPDR Portfolio S&P 500 ETF by 0.3% in the fourth quarter. Truist Financial Corp now owns 161,163 shares of the company’s stock valued at $11,111,000 after purchasing an additional 455 shares during the period.

SPDR Portfolio S&P 500 ETF Trading Down 0.2%

Shares of SPDR Portfolio S&P 500 ETF stock opened at $70.11 on Friday. The firm’s 50-day moving average price is $67.54 and its 200 day moving average price is $68.29. SPDR Portfolio S&P 500 ETF has a twelve month low of $56.67 and a twelve month high of $72.14. The firm has a market capitalization of $68.14 billion, a PE ratio of 24.62 and a beta of 1.01.

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.