Safeguard Financial LLC Decreases Stock Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Safeguard Financial LLC lessened its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 8.4% in the fourth quarter, Holdings Channel reports. The fund owned 27,921 shares of the company’s stock after selling 2,561 shares during the quarter. SPDR Portfolio S&P 500 ETF makes up about 0.4% of Safeguard Financial LLC’s holdings, making the stock its 24th biggest holding. Safeguard Financial LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,925,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. American Century Companies Inc. raised its position in shares of SPDR Portfolio S&P 500 ETF by 8.7% in the 2nd quarter. American Century Companies Inc. now owns 325,100 shares of the company’s stock valued at $20,806,000 after purchasing an additional 26,000 shares in the last quarter. Citizens Financial Group Inc. RI acquired a new stake in SPDR Portfolio S&P 500 ETF in the second quarter worth $354,000. Moors & Cabot Inc. increased its position in SPDR Portfolio S&P 500 ETF by 7.6% in the second quarter. Moors & Cabot Inc. now owns 20,226 shares of the company’s stock worth $1,294,000 after buying an additional 1,426 shares during the period. Alpha Financial Partners LLC increased its position in SPDR Portfolio S&P 500 ETF by 0.3% in the second quarter. Alpha Financial Partners LLC now owns 71,887 shares of the company’s stock worth $4,601,000 after buying an additional 249 shares during the period. Finally, Axxcess Wealth Management LLC increased its position in SPDR Portfolio S&P 500 ETF by 17.0% in the second quarter. Axxcess Wealth Management LLC now owns 37,184 shares of the company’s stock worth $2,380,000 after buying an additional 5,395 shares during the period.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of NYSEARCA SPLG opened at $68.48 on Wednesday. SPDR Portfolio S&P 500 ETF has a 1-year low of $55.26 and a 1-year high of $71.64. The business’s fifty day moving average price is $70.08 and its two-hundred day moving average price is $67.33. The firm has a market capitalization of $39.93 billion, a PE ratio of 26.64 and a beta of 1.00.

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.