Capstone Wealth Management Group LLC Has $327,000 Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Capstone Wealth Management Group LLC cut its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 18.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,744 shares of the company’s stock after selling 1,044 shares during the period. Capstone Wealth Management Group LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $327,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Creative Planning lifted its stake in SPDR Portfolio S&P 500 ETF by 3.2% during the third 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 last quarter. Sumitomo Life Insurance Co. lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 50.1% in the 3rd quarter. Sumitomo Life Insurance Co. now owns 7,642,600 shares of the company’s stock valued at $515,952,000 after acquiring an additional 2,550,000 shares during the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 154.4% in the 3rd quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 7,555,000 shares of the company’s stock valued at $510,038,000 after acquiring an additional 4,585,000 shares during the last quarter. CWM LLC lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 8.2% in the 3rd quarter. CWM LLC now owns 7,213,673 shares of the company’s stock valued at $486,995,000 after acquiring an additional 547,989 shares during the last quarter. Finally, The Manufacturers Life Insurance Company lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 2.5% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 3,962,906 shares of the company’s stock valued at $267,536,000 after acquiring an additional 96,930 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPLG opened at $68.48 on Wednesday. SPDR Portfolio S&P 500 ETF has a 52 week low of $55.26 and a 52 week high of $71.64. The stock has a market capitalization of $39.93 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00. The stock has a fifty day moving average of $70.08 and a 200-day moving average of $67.33.

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.