Safeguard Financial LLC Lowers Holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Safeguard Financial LLC lowered its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 8.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 27,921 shares of the company’s stock after selling 2,561 shares during the quarter. SPDR Portfolio S&P 500 ETF comprises approximately 0.4% of Safeguard Financial LLC’s holdings, making the stock its 24th largest holding. Safeguard Financial LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,925,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Creative Planning grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 3.2% during the 3rd quarter. Creative Planning now owns 29,491,836 shares of the company’s stock worth $1,990,994,000 after purchasing an additional 915,823 shares during the period. Sumitomo Life Insurance Co. grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 50.1% during the 3rd quarter. Sumitomo Life Insurance Co. now owns 7,642,600 shares of the company’s stock worth $515,952,000 after purchasing an additional 2,550,000 shares during the period. National Mutual Insurance Federation of Agricultural Cooperatives grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 154.4% during the 3rd quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 7,555,000 shares of the company’s stock worth $510,038,000 after purchasing an additional 4,585,000 shares during the period. CWM LLC grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 8.2% during the 3rd quarter. CWM LLC now owns 7,213,673 shares of the company’s stock worth $486,995,000 after purchasing an additional 547,989 shares during the period. Finally, The Manufacturers Life Insurance Company grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 2.5% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 3,962,906 shares of the company’s stock worth $267,536,000 after purchasing an additional 96,930 shares during the period.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of NYSEARCA:SPLG opened at $68.48 on Wednesday. SPDR Portfolio S&P 500 ETF has a 1 year low of $55.26 and a 1 year high of $71.64. The stock has a market capitalization of $39.93 billion, a P/E ratio of 26.64 and a beta of 1.00. The stock has a 50-day simple moving average of $70.08 and a 200-day simple moving average of $67.33.

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.