Silverlake Wealth Management LLC Lowers Holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Silverlake Wealth Management LLC lowered its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 20.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,318 shares of the company’s stock after selling 843 shares during the quarter. Silverlake Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $229,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SPLG. National Mutual Insurance Federation of Agricultural Cooperatives lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 154.4% in the third quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 7,555,000 shares of the company’s stock worth $510,038,000 after buying an additional 4,585,000 shares in the last quarter. Sumitomo Life Insurance Co. increased its holdings in SPDR Portfolio S&P 500 ETF by 50.1% in the 3rd quarter. Sumitomo Life Insurance Co. now owns 7,642,600 shares of the company’s stock valued at $515,952,000 after acquiring an additional 2,550,000 shares during the last quarter. World Investment Advisors LLC lifted its stake in SPDR Portfolio S&P 500 ETF by 908.3% in the 3rd quarter. World Investment Advisors LLC now owns 1,695,058 shares of the company’s stock worth $114,433,000 after purchasing an additional 1,526,942 shares in the last quarter. Gradient Investments LLC boosted its holdings in shares of SPDR Portfolio S&P 500 ETF by 44.3% during the 4th quarter. Gradient Investments LLC now owns 4,755,325 shares of the company’s stock valued at $327,832,000 after purchasing an additional 1,460,710 shares during the last quarter. Finally, Crews Bank & Trust purchased a new position in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter valued at about $66,804,000.

SPDR Portfolio S&P 500 ETF Trading Up 0.4 %

Shares of SPLG stock opened at $71.09 on Thursday. The stock’s 50-day moving average price is $70.33 and its 200-day moving average price is $67.91. SPDR Portfolio S&P 500 ETF has a 12-month low of $57.72 and a 12-month high of $71.85. The stock has a market capitalization of $41.46 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00.

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.