Tectonic Advisors LLC Sells 33,715 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Tectonic Advisors LLC decreased its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 12.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 243,362 shares of the company’s stock after selling 33,715 shares during the period. SPDR Portfolio S&P 500 ETF comprises 1.1% of Tectonic Advisors LLC’s portfolio, making the stock its 14th biggest holding. Tectonic Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $16,429,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Trivant Custom Portfolio Group LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF by 17.1% in the first quarter. Trivant Custom Portfolio Group LLC now owns 8,503 shares of the company’s stock valued at $523,000 after acquiring an additional 1,242 shares during the last quarter. Vicus Capital raised its stake in shares of SPDR Portfolio S&P 500 ETF by 0.8% in the first quarter. Vicus Capital now owns 48,238 shares of the company’s stock valued at $2,968,000 after acquiring an additional 388 shares during the last quarter. River Street Advisors LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF by 6.0% in the first quarter. River Street Advisors LLC now owns 62,126 shares of the company’s stock valued at $3,823,000 after acquiring an additional 3,527 shares during the last quarter. Cornerstone Wealth Group LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF in the first quarter valued at approximately $205,000. Finally, Horizon Wealth Management LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF by 7.0% in the first quarter. Horizon Wealth Management LLC now owns 992,354 shares of the company’s stock valued at $61,060,000 after acquiring an additional 64,668 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of SPDR Portfolio S&P 500 ETF stock opened at $68.13 on Friday. The firm has a market cap of $39.73 billion, a P/E ratio of 26.64 and a beta of 1.00. The firm has a 50 day simple moving average of $66.64 and a 200 day simple moving average of $64.00. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $48.13 and a fifty-two week high of $68.93.

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.