SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Shares Sold by Schwallier Wealth Management LLC

Schwallier Wealth Management LLC lowered its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 4.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 26,265 shares of the company’s stock after selling 1,331 shares during the period. SPDR Portfolio S&P 500 ETF comprises approximately 1.4% of Schwallier Wealth Management LLC’s holdings, making the stock its 12th biggest holding. Schwallier Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,811,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Elevation Wealth Partners LLC bought a new stake in SPDR Portfolio S&P 500 ETF in the fourth quarter valued at about $26,000. Hemington Wealth Management bought a new position in SPDR Portfolio S&P 500 ETF during the fourth quarter valued at about $30,000. Halbert Hargrove Global Advisors LLC acquired a new stake in SPDR Portfolio S&P 500 ETF during the fourth quarter valued at approximately $37,000. Comprehensive Financial Planning Inc. PA purchased a new position in SPDR Portfolio S&P 500 ETF in the 4th quarter worth about $39,000. Finally, Basso Capital Management L.P. purchased a new position in SPDR Portfolio S&P 500 ETF during the 4th quarter worth approximately $40,000.

SPDR Portfolio S&P 500 ETF Stock Performance

SPLG stock opened at $64.80 on Tuesday. The firm has a 50 day simple moving average of $65.36 and a 200 day simple moving average of $68.37. SPDR Portfolio S&P 500 ETF has a 52 week low of $56.67 and a 52 week high of $72.14. The stock has a market cap of $59.77 billion, a P/E ratio of 23.41 and a beta of 1.01.

SPDR Portfolio S&P 500 ETF 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.