Steele Capital Management Inc. Lowers Stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Steele Capital Management Inc. reduced its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 0.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 320,180 shares of the company’s stock after selling 1,708 shares during the quarter. SPDR Portfolio S&P 500 ETF accounts for approximately 1.1% of Steele Capital Management Inc.’s investment portfolio, making the stock its 22nd largest holding. Steele Capital Management Inc. owned approximately 0.05% of SPDR Portfolio S&P 500 ETF worth $22,073,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Bleakley Financial Group LLC boosted its position in SPDR Portfolio S&P 500 ETF by 5.2% in the third quarter. Bleakley Financial Group LLC now owns 18,669 shares of the company’s stock valued at $1,260,000 after buying an additional 926 shares during the last quarter. Claro Advisors LLC purchased a new stake in SPDR Portfolio S&P 500 ETF in the 3rd quarter worth approximately $250,000. Aaron Wealth Advisors LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF during the 3rd quarter worth approximately $204,000. Capital Investment Advisors LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF by 1.9% during the 3rd quarter. Capital Investment Advisors LLC now owns 10,752 shares of the company’s stock worth $726,000 after buying an additional 204 shares during the period. Finally, Blue Trust Inc. acquired a new position in shares of SPDR Portfolio S&P 500 ETF during the 3rd quarter worth approximately $31,000.

SPDR Portfolio S&P 500 ETF Stock Down 0.0 %

Shares of SPLG opened at $71.72 on Tuesday. SPDR Portfolio S&P 500 ETF has a 52-week low of $58.06 and a 52-week high of $71.88. The company has a market capitalization of $41.82 billion, a PE ratio of 26.64 and a beta of 1.00. The stock has a fifty day simple moving average of $70.37 and a two-hundred day simple moving average of $68.30.

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.