USAdvisors Wealth Management LLC Lowers Stock Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

USAdvisors Wealth Management LLC trimmed its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 4.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 61,349 shares of the company’s stock after selling 2,992 shares during the quarter. SPDR Portfolio S&P 500 ETF makes up approximately 1.4% of USAdvisors Wealth Management LLC’s investment portfolio, making the stock its 24th biggest holding. USAdvisors Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $4,229,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. ORG Wealth Partners LLC purchased a new position in shares of SPDR Portfolio S&P 500 ETF in the 3rd quarter valued at $33,000. Blue Trust Inc. purchased a new position in SPDR Portfolio S&P 500 ETF in the third quarter valued at about $31,000. Highline Wealth Partners LLC purchased a new position in SPDR Portfolio S&P 500 ETF in the third quarter valued at about $36,000. West Branch Capital LLC bought a new position in SPDR Portfolio S&P 500 ETF in the fourth quarter worth about $41,000. Finally, Decker Retirement Planning Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter valued at about $43,000.

SPDR Portfolio S&P 500 ETF Stock Down 0.4 %

Shares of SPDR Portfolio S&P 500 ETF stock opened at $70.80 on Thursday. SPDR Portfolio S&P 500 ETF has a 52-week low of $56.80 and a 52-week high of $71.85. The firm’s 50 day moving average price is $70.26 and its 200-day moving average price is $67.72. The company has a market cap of $41.29 billion, a P/E ratio of 26.64 and a beta of 1.00.

About SPDR Portfolio S&P 500 ETF

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.