Principal Financial Group Inc. Has $47.01 Million Stock Holdings in SPDR Portfolio S&P 500 ETF $SPLG

Principal Financial Group Inc. trimmed its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 11.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 600,098 shares of the company’s stock after selling 75,132 shares during the quarter. Principal Financial Group Inc. owned about 0.05% of SPDR Portfolio S&P 500 ETF worth $47,012,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of SPLG. Uptick Partners LLC lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 32.7% during the 3rd quarter. Uptick Partners LLC now owns 8,023 shares of the company’s stock worth $629,000 after buying an additional 1,977 shares during the last quarter. UMB Bank n.a. bought a new position in SPDR Portfolio S&P 500 ETF in the 3rd quarter valued at about $202,000. Transcend Capital Advisors LLC lifted its position in SPDR Portfolio S&P 500 ETF by 2.0% during the third quarter. Transcend Capital Advisors LLC now owns 54,328 shares of the company’s stock worth $4,256,000 after acquiring an additional 1,076 shares during the last quarter. Thrivent Financial for Lutherans boosted its holdings in shares of SPDR Portfolio S&P 500 ETF by 8,784.5% during the third quarter. Thrivent Financial for Lutherans now owns 665,625 shares of the company’s stock worth $52,144,000 after acquiring an additional 658,133 shares during the period. Finally, Cutler Investment Counsel LLC grew its position in shares of SPDR Portfolio S&P 500 ETF by 19.7% in the third quarter. Cutler Investment Counsel LLC now owns 131,302 shares of the company’s stock valued at $10,286,000 after purchasing an additional 21,622 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Trading Down 0.9%

Shares of NYSEARCA SPLG opened at $81.13 on Thursday. The firm has a market cap of $96.55 billion, a P/E ratio of 25.61 and a beta of 1.00. The business’s 50 day moving average is $80.83 and its 200-day moving average is $78.54. SPDR Portfolio S&P 500 ETF has a 1-year low of $56.67 and a 1-year high of $81.14.

About SPDR Portfolio S&P 500 ETF

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.