Horizon Wealth Management LLC decreased its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG – Free Report) by 13.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,053,759 shares of the company’s stock after selling 161,022 shares during the period. SPDR Portfolio S&P 500 ETF accounts for approximately 12.6% of Horizon Wealth Management LLC’s holdings, making the stock its biggest holding. Horizon Wealth Management LLC owned about 0.18% of SPDR Portfolio S&P 500 ETF worth $72,646,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Elevated Capital Advisors LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF by 31.2% during the fourth quarter. Elevated Capital Advisors LLC now owns 195,412 shares of the company’s stock worth $13,472,000 after buying an additional 46,451 shares during the last quarter. Heritage Wealth Partners LLC raised its holdings in SPDR Portfolio S&P 500 ETF by 21.2% in the fourth quarter. Heritage Wealth Partners LLC now owns 10,021 shares of the company’s stock worth $691,000 after purchasing an additional 1,754 shares during the period. Abound Wealth Management grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 14.2% in the 4th quarter. Abound Wealth Management now owns 27,770 shares of the company’s stock valued at $1,914,000 after buying an additional 3,456 shares during the period. Accelerate Investment Advisors LLC increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 2.6% in the fourth quarter. Accelerate Investment Advisors LLC now owns 245,742 shares of the company’s stock worth $16,941,000 after acquiring an additional 6,196 shares in the last quarter. Finally, Cooper Financial Group increased its stake in SPDR Portfolio S&P 500 ETF by 58.8% during the 4th quarter. Cooper Financial Group now owns 46,687 shares of the company’s stock worth $3,219,000 after purchasing an additional 17,295 shares in the last quarter.
SPDR Portfolio S&P 500 ETF Price Performance
SPLG stock traded up $0.11 during trading hours on Monday, reaching $68.41. 10,734,662 shares of the stock were exchanged, compared to its average volume of 8,509,231. The company has a market cap of $39.89 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00. The firm’s 50-day moving average is $70.04 and its 200-day moving average is $67.27. SPDR Portfolio S&P 500 ETF has a 12 month low of $55.26 and a 12 month 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.
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