Sheets Smith Wealth Management Sells 2,957 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Sheets Smith Wealth Management decreased its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 2.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 130,049 shares of the company’s stock after selling 2,957 shares during the quarter. SPDR Portfolio S&P 500 ETF makes up about 1.1% of Sheets Smith Wealth Management’s investment portfolio, making the stock its 20th biggest holding. Sheets Smith Wealth Management’s holdings in SPDR Portfolio S&P 500 ETF were worth $8,966,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Financial Futures Ltd Liability Co. increased its position in SPDR Portfolio S&P 500 ETF by 3.6% during the third quarter. Financial Futures Ltd Liability Co. now owns 233,519 shares of the company’s stock worth $15,765,000 after buying an additional 8,212 shares during the last quarter. Continuum Advisory LLC grew its stake in SPDR Portfolio S&P 500 ETF by 1.5% in the 3rd quarter. Continuum Advisory LLC now owns 129,586 shares of the company’s stock valued at $9,044,000 after buying an additional 1,924 shares during the last quarter. Barclays PLC raised its holdings in SPDR Portfolio S&P 500 ETF by 170.0% in the 3rd quarter. Barclays PLC now owns 1,350 shares of the company’s stock valued at $91,000 after acquiring an additional 850 shares during the period. Kingsview Wealth Management LLC lifted its position in SPDR Portfolio S&P 500 ETF by 2.1% during the third quarter. Kingsview Wealth Management LLC now owns 115,302 shares of the company’s stock worth $7,784,000 after acquiring an additional 2,404 shares during the last quarter. Finally, Bleakley Financial Group LLC boosted its holdings in shares of SPDR Portfolio S&P 500 ETF by 5.2% during the third quarter. Bleakley Financial Group LLC now owns 18,669 shares of the company’s stock worth $1,260,000 after acquiring an additional 926 shares during the period.

SPDR Portfolio S&P 500 ETF Trading Up 0.9 %

Shares of NYSEARCA SPLG opened at $70.94 on Wednesday. The business’s 50 day moving average is $70.07 and its 200-day moving average is $67.48. The firm has a market cap of $41.37 billion, a P/E ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 1-year low of $56.78 and a 1-year high of $71.64.

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.