Taiyo Life Insurance Co. Cuts Stock Position in SPDR Portfolio S&P 500 ETF $SPLG

Taiyo Life Insurance Co. lessened its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 30.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 855,500 shares of the company’s stock after selling 380,000 shares during the period. SPDR Portfolio S&P 500 ETF makes up 5.8% of Taiyo Life Insurance Co.’s portfolio, making the stock its 8th biggest position. Taiyo Life Insurance Co. owned approximately 0.08% of SPDR Portfolio S&P 500 ETF worth $62,186,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of SPLG. Consolidated Planning Corp raised its position in SPDR Portfolio S&P 500 ETF by 2.3% in the 2nd quarter. Consolidated Planning Corp now owns 6,079 shares of the company’s stock valued at $442,000 after buying an additional 137 shares during the last quarter. Capital Planning Advisors LLC raised its position in SPDR Portfolio S&P 500 ETF by 1.6% in the 1st quarter. Capital Planning Advisors LLC now owns 9,613 shares of the company’s stock valued at $632,000 after buying an additional 153 shares during the last quarter. Colonial River Investments LLC raised its position in SPDR Portfolio S&P 500 ETF by 2.7% in the 1st quarter. Colonial River Investments LLC now owns 5,998 shares of the company’s stock valued at $394,000 after buying an additional 159 shares during the last quarter. Financial Management Network Inc. raised its position in SPDR Portfolio S&P 500 ETF by 1.1% in the 2nd quarter. Financial Management Network Inc. now owns 15,282 shares of the company’s stock valued at $1,124,000 after buying an additional 161 shares during the last quarter. Finally, GK Wealth Management LLC raised its position in SPDR Portfolio S&P 500 ETF by 1.9% in the 1st quarter. GK Wealth Management LLC now owns 8,967 shares of the company’s stock valued at $590,000 after buying an additional 163 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Up 1.5%

NYSEARCA:SPLG opened at $78.00 on Tuesday. The firm has a market capitalization of $88.83 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a twelve month low of $56.67 and a twelve month high of $79.28. The stock’s 50 day moving average price is $76.78 and its two-hundred day moving average price is $71.62.

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.