Pallas Capital Advisors LLC Has $1.31 Million Stock Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Pallas Capital Advisors LLC reduced its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 51.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,238 shares of the company’s stock after selling 20,382 shares during the quarter. Pallas Capital Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,311,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of SPLG. Financial Futures Ltd Liability Co. raised its position in shares of SPDR Portfolio S&P 500 ETF by 3.6% during the third quarter. Financial Futures Ltd Liability Co. now owns 233,519 shares of the company’s stock valued at $15,765,000 after buying an additional 8,212 shares during the last quarter. Concord Wealth Partners increased its stake in SPDR Portfolio S&P 500 ETF by 7.2% during the third quarter. Concord Wealth Partners now owns 17,773 shares of the company’s stock valued at $1,200,000 after acquiring an additional 1,188 shares during the period. Inscription Capital LLC acquired a new position in SPDR Portfolio S&P 500 ETF in the 3rd quarter valued at approximately $272,000. Tower View Wealth Management LLC lifted its position in shares of SPDR Portfolio S&P 500 ETF by 35.6% in the 3rd quarter. Tower View Wealth Management LLC now owns 42,199 shares of the company’s stock worth $2,849,000 after acquiring an additional 11,084 shares during the period. Finally, Lunt Capital Management Inc. lifted its position in shares of SPDR Portfolio S&P 500 ETF by 9.4% in the 3rd quarter. Lunt Capital Management Inc. now owns 67,116 shares of the company’s stock worth $4,531,000 after acquiring an additional 5,783 shares during the period.

SPDR Portfolio S&P 500 ETF Trading Up 0.2 %

SPLG opened at $68.43 on Wednesday. The stock’s 50 day simple moving average is $66.80 and its 200-day simple moving average is $64.20. The stock has a market cap of $39.90 billion, a PE ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 1 year low of $48.47 and a 1 year high of $68.93.

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.