United Asset Strategies Inc. Sells 13,812 Shares of SPDR Portfolio S&P 500 ETF $SPLG

United Asset Strategies Inc. lowered its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 7.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 180,645 shares of the company’s stock after selling 13,812 shares during the period. SPDR Portfolio S&P 500 ETF makes up approximately 1.1% of United Asset Strategies Inc.’s investment portfolio, making the stock its 28th biggest position. United Asset Strategies Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $14,152,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Mattson Financial Services LLC lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 27.7% during the third quarter. Mattson Financial Services LLC now owns 182,977 shares of the company’s stock worth $14,334,000 after buying an additional 39,708 shares during the period. 49 Wealth Management LLC raised its stake in SPDR Portfolio S&P 500 ETF by 23.9% in the 2nd quarter. 49 Wealth Management LLC now owns 1,593,630 shares of the company’s stock worth $115,841,000 after acquiring an additional 307,109 shares during the last quarter. Etesian Wealth Advisors Inc. lifted its position in SPDR Portfolio S&P 500 ETF by 37.6% during the 3rd quarter. Etesian Wealth Advisors Inc. now owns 63,745 shares of the company’s stock worth $4,994,000 after acquiring an additional 17,404 shares during the period. Advisors Capital Management LLC lifted its position in SPDR Portfolio S&P 500 ETF by 7.3% during the 1st quarter. Advisors Capital Management LLC now owns 6,848 shares of the company’s stock worth $450,000 after acquiring an additional 468 shares during the period. Finally, Fiduciary Alliance LLC purchased a new stake in SPDR Portfolio S&P 500 ETF during the 2nd quarter valued at about $660,000.

SPDR Portfolio S&P 500 ETF Stock Up 0.6%

SPDR Portfolio S&P 500 ETF stock opened at $81.41 on Thursday. The stock has a 50-day moving average price of $79.97 and a 200 day moving average price of $77.36. The company has a market capitalization of $96.88 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 52 week low of $56.67 and a 52 week high of $81.14.

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. The sectors in which the Fund invests include information technology, financials, consumer discretionary, health care, industrials, energy, consumer staples, materials, utilities and telecommunication services.