Shepherd Financial Partners LLC Reduces Holdings in SPDR Portfolio S&P 500 ETF $SPLG

Shepherd Financial Partners LLC reduced its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 7.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 87,993 shares of the company’s stock after selling 6,835 shares during the period. Shepherd Financial Partners LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $6,893,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of SPLG. Clearstead Trust LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the second quarter worth $30,000. GPS Wealth Strategies Group LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF by 194.6% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 489 shares of the company’s stock valued at $36,000 after purchasing an additional 323 shares in the last quarter. Center for Financial Planning Inc. bought a new position in shares of SPDR Portfolio S&P 500 ETF during the third quarter worth about $37,000. GAMMA Investing LLC acquired a new position in SPDR Portfolio S&P 500 ETF in the third quarter worth about $40,000. Finally, Elevation Wealth Partners LLC increased its holdings in SPDR Portfolio S&P 500 ETF by 52.4% in the third quarter. Elevation Wealth Partners LLC now owns 573 shares of the company’s stock valued at $45,000 after buying an additional 197 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Up 0.0%

NYSEARCA:SPLG opened at $80.20 on Friday. The company has a market cap of $95.44 billion, a PE ratio of 25.61 and a beta of 1.00. The business’s 50 day moving average is $80.93 and its two-hundred day moving average is $78.85. 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.