Horizon Wealth Management LLC Sells 161,022 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Horizon Wealth Management LLC trimmed its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 13.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,053,759 shares of the company’s stock after selling 161,022 shares during the period. SPDR Portfolio S&P 500 ETF accounts for 12.6% of Horizon Wealth Management LLC’s holdings, making the stock its largest position. Horizon Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $72,646,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Financial Futures Ltd Liability Co. lifted its holdings in SPDR Portfolio S&P 500 ETF by 3.6% in the third quarter. Financial Futures Ltd Liability Co. now owns 233,519 shares of the company’s stock valued at $15,765,000 after buying an additional 8,212 shares during the period. Continuum Advisory LLC boosted its holdings in shares of SPDR Portfolio S&P 500 ETF by 1.5% during the 3rd quarter. Continuum Advisory LLC now owns 129,586 shares of the company’s stock worth $9,044,000 after buying an additional 1,924 shares in the last quarter. Barclays PLC grew its position in shares of SPDR Portfolio S&P 500 ETF by 170.0% during the 3rd quarter. Barclays PLC now owns 1,350 shares of the company’s stock worth $91,000 after buying an additional 850 shares during the period. Kingsview Wealth Management LLC grew its position in shares of SPDR Portfolio S&P 500 ETF by 2.1% during the 3rd quarter. Kingsview Wealth Management LLC now owns 115,302 shares of the company’s stock worth $7,784,000 after buying an additional 2,404 shares during the period. Finally, Bleakley Financial Group LLC lifted its position in shares of SPDR Portfolio S&P 500 ETF by 5.2% during the 3rd quarter. Bleakley Financial Group LLC now owns 18,669 shares of the company’s stock valued at $1,260,000 after acquiring an additional 926 shares during the period.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of NYSEARCA SPLG traded up $0.11 during trading on Monday, hitting $68.41. 10,734,662 shares of the company traded hands, compared to its average volume of 8,509,231. The business’s fifty day moving average is $70.04 and its 200 day moving average is $67.27. The firm has a market capitalization of $39.89 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $55.26 and a fifty-two week high of $71.64.

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.