Austin Private Wealth LLC Trims Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Austin Private Wealth LLC lowered its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 7.1% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,862,560 shares of the company’s stock after selling 142,565 shares during the period. SPDR Portfolio S&P 500 ETF comprises 12.8% of Austin Private Wealth LLC’s holdings, making the stock its largest position. Austin Private Wealth LLC owned 0.32% of SPDR Portfolio S&P 500 ETF worth $119,204,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in SPLG. Westwind Capital acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at about $26,000. Evensky & Katz LLC acquired a new stake in SPDR Portfolio S&P 500 ETF in the 1st quarter valued at approximately $27,000. Tower View Wealth Management LLC lifted its stake in SPDR Portfolio S&P 500 ETF by 416.8% in the 4th quarter. Tower View Wealth Management LLC now owns 615 shares of the company’s stock valued at $34,000 after acquiring an additional 496 shares in the last quarter. Rakuten Securities Inc. acquired a new position in SPDR Portfolio S&P 500 ETF during the 4th quarter worth approximately $35,000. Finally, Harbor Investment Advisory LLC raised its holdings in shares of SPDR Portfolio S&P 500 ETF by 76.6% in the first quarter. Harbor Investment Advisory LLC now owns 641 shares of the company’s stock valued at $39,000 after purchasing an additional 278 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Up 0.4 %

Shares of SPLG stock traded up $0.24 during trading on Friday, reaching $62.66. The company’s stock had a trading volume of 5,175,971 shares, compared to its average volume of 7,530,429. SPDR Portfolio S&P 500 ETF has a one year low of $48.13 and a one year high of $66.47. The business has a fifty day moving average price of $64.01 and a 200-day moving average price of $61.45. The company has a market cap of $36.54 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00.

SPDR Portfolio S&P 500 ETF 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.