Beta Wealth Group Inc. Has $2.21 Million Stake in SPDR Portfolio S&P 500 ETF $SPLG

Beta Wealth Group Inc. trimmed its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 77.3% during the second quarter, HoldingsChannel.com reports. The fund owned 30,438 shares of the company’s stock after selling 103,718 shares during the quarter. Beta Wealth Group Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $2,213,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. LPL Financial LLC grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 6.7% in the 1st quarter. LPL Financial LLC now owns 41,960,691 shares of the company’s stock worth $2,759,335,000 after purchasing an additional 2,643,842 shares during the last quarter. Creative Planning boosted its position in SPDR Portfolio S&P 500 ETF by 1.0% in the second quarter. Creative Planning now owns 31,140,324 shares of the company’s stock valued at $2,263,590,000 after buying an additional 319,951 shares in the last quarter. Jones Financial Companies Lllp grew its stake in SPDR Portfolio S&P 500 ETF by 99.4% during the first quarter. Jones Financial Companies Lllp now owns 31,074,010 shares of the company’s stock worth $2,031,308,000 after buying an additional 15,489,573 shares during the last quarter. USS Investment Management Ltd acquired a new stake in shares of SPDR Portfolio S&P 500 ETF during the first quarter worth approximately $1,394,006,000. Finally, Invesco Ltd. increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 5.0% during the first quarter. Invesco Ltd. now owns 16,237,931 shares of the company’s stock worth $1,067,806,000 after buying an additional 773,953 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of SPLG opened at $79.05 on Friday. The company has a market capitalization of $94.07 billion, a P/E ratio of 25.61 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a one year low of $56.67 and a one year high of $81.14. The business’s 50 day simple moving average is $78.69 and its 200-day simple moving average is $74.43.

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.