SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) is Avidian Wealth Enterprises LLC’s 7th Largest Position

Avidian Wealth Enterprises LLC lessened its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 11.5% during the third quarter, Holdings Channel.com reports. The firm owned 831,640 shares of the company’s stock after selling 108,125 shares during the quarter. SPDR Portfolio S&P 500 ETF makes up 2.5% of Avidian Wealth Enterprises LLC’s investment portfolio, making the stock its 7th largest position. Avidian Wealth Enterprises LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $56,144,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SPLG. Balentine LLC lifted its holdings in SPDR Portfolio S&P 500 ETF by 6.0% in the third quarter. Balentine LLC now owns 53,847 shares of the company’s stock valued at $3,635,000 after acquiring an additional 3,030 shares during the period. HF Advisory Group LLC lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 1.5% in the third quarter. HF Advisory Group LLC now owns 51,047 shares of the company’s stock valued at $3,446,000 after purchasing an additional 776 shares during the period. Cornerstone Capital Inc. purchased a new stake in SPDR Portfolio S&P 500 ETF during the third quarter worth about $762,000. Crestwood Advisors Group LLC grew its position in SPDR Portfolio S&P 500 ETF by 1.2% during the third quarter. Crestwood Advisors Group LLC now owns 20,770 shares of the company’s stock worth $1,402,000 after buying an additional 254 shares during the period. Finally, Ameritas Advisory Services LLC increased its holdings in SPDR Portfolio S&P 500 ETF by 19.4% in the third quarter. Ameritas Advisory Services LLC now owns 85,590 shares of the company’s stock valued at $5,778,000 after buying an additional 13,886 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of NYSEARCA:SPLG opened at $67.82 on Wednesday. The firm has a market capitalization of $39.55 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00. The business’s 50 day simple moving average is $66.95 and its 200-day simple moving average is $64.50. SPDR Portfolio S&P 500 ETF has a 12 month low of $50.97 and a 12 month high of $68.93.

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.