AJ Advisors LLC Reduces Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

AJ Advisors LLC reduced its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 27.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,710 shares of the company’s stock after selling 2,931 shares during the quarter. SPDR Portfolio S&P 500 ETF makes up about 0.3% of AJ Advisors LLC’s investment portfolio, making the stock its 22nd biggest holding. AJ Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $493,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SPLG. International Assets Investment Management LLC bought a new stake in SPDR Portfolio S&P 500 ETF in the fourth quarter valued at about $2,231,000. Truist Financial Corp increased its holdings in SPDR Portfolio S&P 500 ETF by 86.9% in the fourth quarter. Truist Financial Corp now owns 340,999 shares of the company’s stock valued at $19,062,000 after buying an additional 158,523 shares during the last quarter. Kestra Private Wealth Services LLC increased its holdings in SPDR Portfolio S&P 500 ETF by 5.6% in the fourth quarter. Kestra Private Wealth Services LLC now owns 4,682 shares of the company’s stock valued at $262,000 after buying an additional 249 shares during the last quarter. Brighton Jones LLC acquired a new position in SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $309,000. Finally, Mach 1 Financial Group LLC boosted its stake in SPDR Portfolio S&P 500 ETF by 5.2% in the fourth quarter. Mach 1 Financial Group LLC now owns 6,645 shares of the company’s stock valued at $371,000 after acquiring an additional 330 shares during the period.

SPDR Portfolio S&P 500 ETF Stock Up 0.9 %

SPLG stock traded up $0.60 during midday trading on Friday, reaching $66.28. The company had a trading volume of 3,540,902 shares, compared to its average volume of 7,256,638. The stock has a 50 day moving average price of $64.55 and a 200 day moving average price of $62.19. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $48.13 and a fifty-two week high of $66.47. The firm has a market capitalization of $38.65 billion, a PE 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.