Axxcess Wealth Management LLC Trims Stock Holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Axxcess Wealth Management LLC reduced its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 10.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,979 shares of the company’s stock after selling 2,828 shares during the period. Axxcess Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,722,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the company. Jones Financial Companies Lllp grew its position in shares of SPDR Portfolio S&P 500 ETF by 14,332.4% during the 4th quarter. Jones Financial Companies Lllp now owns 15,584,437 shares of the company’s stock valued at $1,074,391,000 after purchasing an additional 15,476,455 shares in the last quarter. Sumitomo Life Insurance Co. grew its position in shares of SPDR Portfolio S&P 500 ETF by 18.4% during the 4th quarter. Sumitomo Life Insurance Co. now owns 9,052,600 shares of the company’s stock valued at $624,086,000 after purchasing an additional 1,410,000 shares in the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives grew its position in shares of SPDR Portfolio S&P 500 ETF by 18.5% during the 4th quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 8,953,000 shares of the company’s stock valued at $617,220,000 after purchasing an additional 1,398,000 shares in the last quarter. Gradient Investments LLC grew its position in shares of SPDR Portfolio S&P 500 ETF by 44.3% during the 4th quarter. Gradient Investments LLC now owns 4,755,325 shares of the company’s stock valued at $327,832,000 after purchasing an additional 1,460,710 shares in the last quarter. Finally, 1900 Wealth Management LLC grew its position in shares of SPDR Portfolio S&P 500 ETF by 4.8% during the 4th quarter. 1900 Wealth Management LLC now owns 4,704,127 shares of the company’s stock valued at $325,259,000 after purchasing an additional 213,820 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

SPLG opened at $66.70 on Thursday. The company has a fifty day moving average price of $69.60 and a 200-day moving average price of $68.95. The firm has a market capitalization of $55.97 billion, a P/E ratio of 24.69 and a beta of 1.01. SPDR Portfolio S&P 500 ETF has a one year low of $58.09 and a one year high of $72.14.

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.