Convergence Financial LLC lowered its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG – Free Report) by 17.0% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 93,434 shares of the company’s stock after selling 19,078 shares during the period. SPDR Portfolio S&P 500 ETF makes up about 1.3% of Convergence Financial LLC’s portfolio, making the stock its 22nd biggest position. Convergence Financial LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $6,441,000 as of its most recent SEC filing.
Several other large investors have also modified their holdings of SPLG. Elevation Wealth Partners LLC bought a new position in SPDR Portfolio S&P 500 ETF in the fourth quarter worth approximately $26,000. Hemington Wealth Management bought a new position in shares of SPDR Portfolio S&P 500 ETF in the 4th quarter worth $30,000. Blue Trust Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 ETF during the 3rd quarter worth $31,000. Highline Wealth Partners LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF during the 3rd quarter worth $36,000. Finally, Comprehensive Financial Planning Inc. PA bought a new stake in SPDR Portfolio S&P 500 ETF during the fourth quarter valued at about $39,000.
SPDR Portfolio S&P 500 ETF Stock Performance
Shares of SPDR Portfolio S&P 500 ETF stock opened at $69.92 on Thursday. The company has a market capitalization of $58.06 billion, a PE ratio of 26.92 and a beta of 1.01. The company has a 50-day simple moving average of $70.39 and a two-hundred day simple moving average of $68.76. SPDR Portfolio S&P 500 ETF has a one year low of $58.08 and a one year high of $72.14.
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.
Featured Articles
- Five stocks we like better than SPDR Portfolio S&P 500 ETF
- 3 Grocery Stocks That Can Help Take a Bite Out of Inflation
- Buffett’s on the Sidelines – Should You Follow?
- How to Use Stock Screeners to Find Stocks
- AST SpaceMobile Stock Surges 17% After Analyst Upgrade
- Investing in the High PE Growth Stocks
- 3 Stocks With Triple-Digit PEs That Are Still Worth a Look
Want to see what other hedge funds are holding SPLG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG – Free Report).
Receive News & Ratings for SPDR Portfolio S&P 500 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio S&P 500 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
