SPDR Portfolio S&P 500 ETF $SPLG is Tennessee Valley Asset Management Partners’ Largest Position

Tennessee Valley Asset Management Partners reduced its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 5.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,862,729 shares of the company’s stock after selling 103,679 shares during the quarter. SPDR Portfolio S&P 500 ETF comprises about 19.8% of Tennessee Valley Asset Management Partners’ investment portfolio, making the stock its biggest position. Tennessee Valley Asset Management Partners owned 0.16% of SPDR Portfolio S&P 500 ETF worth $145,926,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. A4 Wealth Advisors LLC acquired a new stake in SPDR Portfolio S&P 500 ETF in the third quarter worth $4,130,000. Etesian Wealth Advisors Inc. boosted its holdings in shares of SPDR Portfolio S&P 500 ETF by 37.6% during the third quarter. Etesian Wealth Advisors Inc. now owns 63,745 shares of the company’s stock valued at $4,994,000 after acquiring an additional 17,404 shares during the period. American Financial Advisors LLC grew its position in shares of SPDR Portfolio S&P 500 ETF by 236.7% during the third quarter. American Financial Advisors LLC now owns 35,502 shares of the company’s stock worth $2,781,000 after acquiring an additional 24,957 shares during the last quarter. First Command Advisory Services Inc. increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 54.3% in the 3rd quarter. First Command Advisory Services Inc. now owns 2,678,563 shares of the company’s stock worth $209,841,000 after acquiring an additional 942,586 shares during the period. Finally, Mattson Financial Services LLC increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 27.7% in the 3rd quarter. Mattson Financial Services LLC now owns 182,977 shares of the company’s stock worth $14,334,000 after acquiring an additional 39,708 shares during the period.

SPDR Portfolio S&P 500 ETF Stock Down 0.2%

Shares of NYSEARCA:SPLG opened at $79.67 on Thursday. The company’s 50-day moving average price is $80.88 and its 200 day moving average price is $79.55. The company has a market cap of $94.81 billion, a PE ratio of 25.61 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $56.67 and a fifty-two week 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.