American Money Management LLC lowered its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG – Free Report) by 4.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,058 shares of the company’s stock after selling 518 shares during the period. American Money Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $762,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently modified their holdings of the business. Elevation Wealth Partners LLC acquired a new stake in SPDR Portfolio S&P 500 ETF during the 4th quarter valued at $26,000. Hemington Wealth Management acquired a new stake in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter valued at $30,000. Halbert Hargrove Global Advisors LLC purchased a new stake in SPDR Portfolio S&P 500 ETF during the 4th quarter worth about $37,000. Comprehensive Financial Planning Inc. PA acquired a new position in SPDR Portfolio S&P 500 ETF in the 4th quarter valued at about $39,000. Finally, Basso Capital Management L.P. purchased a new position in SPDR Portfolio S&P 500 ETF in the 4th quarter valued at about $40,000.
SPDR Portfolio S&P 500 ETF Stock Performance
Shares of SPLG opened at $65.37 on Friday. SPDR Portfolio S&P 500 ETF has a 1 year low of $58.09 and a 1 year high of $72.14. The company’s 50 day simple moving average is $69.28 and its 200 day simple moving average is $69.05. The company has a market capitalization of $59.00 billion, a price-to-earnings ratio of 24.63 and a beta of 1.01.
SPDR Portfolio S&P 500 ETF Cuts Dividend
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.
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