SPDR Portfolio S&P 500 ETF $SPLG Position Lessened by Priebe Wealth Holdings LLC

Priebe Wealth Holdings LLC cut its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 51.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 395,949 shares of the company’s stock after selling 417,284 shares during the quarter. SPDR Portfolio S&P 500 ETF comprises about 24.9% of Priebe Wealth Holdings LLC’s portfolio, making the stock its biggest position. Priebe Wealth Holdings LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $28,782,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. WealthShield Partners LLC increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 4.3% in the 1st quarter. WealthShield Partners LLC now owns 28,946 shares of the company’s stock valued at $1,904,000 after acquiring an additional 1,191 shares during the period. Fiduciary Alliance LLC purchased a new position in shares of SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at $660,000. Advisors Capital Management LLC increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 7.3% in the 1st quarter. Advisors Capital Management LLC now owns 6,848 shares of the company’s stock valued at $450,000 after acquiring an additional 468 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in SPDR Portfolio S&P 500 ETF by 10.6% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 1,951,291 shares of the company’s stock worth $128,317,000 after purchasing an additional 187,585 shares during the last quarter. Finally, Foundations Investment Advisors LLC grew its holdings in SPDR Portfolio S&P 500 ETF by 0.9% in the first quarter. Foundations Investment Advisors LLC now owns 48,482 shares of the company’s stock worth $3,188,000 after purchasing an additional 446 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Trading Down 2.7%

NYSEARCA SPLG opened at $76.84 on Monday. The firm’s fifty day simple moving average is $76.70 and its two-hundred day simple moving average is $71.53. SPDR Portfolio S&P 500 ETF has a 12-month low of $56.67 and a 12-month high of $79.28. The firm has a market capitalization of $87.51 billion, a P/E ratio of 25.61 and a beta of 1.00.

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.