Brass Tax Wealth Management Inc. Decreases Stock Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Brass Tax Wealth Management Inc. lowered its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 78.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,452 shares of the company’s stock after selling 23,771 shares during the period. Brass Tax Wealth Management Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $436,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. LPL Financial LLC increased its holdings in SPDR Portfolio S&P 500 ETF by 8.0% during the 2nd quarter. LPL Financial LLC now owns 32,127,760 shares of the company’s stock valued at $2,056,177,000 after purchasing an additional 2,389,144 shares during the period. Creative Planning increased its holdings in SPDR Portfolio S&P 500 ETF by 3.2% during the 3rd quarter. Creative Planning now owns 29,491,836 shares of the company’s stock valued at $1,990,994,000 after purchasing an additional 915,823 shares during the period. Envestnet Asset Management Inc. boosted its position in SPDR Portfolio S&P 500 ETF by 13.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 10,281,461 shares of the company’s stock valued at $658,014,000 after acquiring an additional 1,232,825 shares in the last quarter. Sumitomo Life Insurance Co. boosted its position in SPDR Portfolio S&P 500 ETF by 50.1% during the 3rd quarter. Sumitomo Life Insurance Co. now owns 7,642,600 shares of the company’s stock valued at $515,952,000 after acquiring an additional 2,550,000 shares in the last quarter. Finally, National Mutual Insurance Federation of Agricultural Cooperatives boosted its position in SPDR Portfolio S&P 500 ETF by 154.4% during the 3rd quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 7,555,000 shares of the company’s stock valued at $510,038,000 after acquiring an additional 4,585,000 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Trading Down 0.2 %

SPDR Portfolio S&P 500 ETF stock traded down $0.12 during trading hours on Friday, hitting $70.98. 1,255,696 shares of the stock traded hands, compared to its average volume of 6,990,196. The firm’s 50-day moving average price is $69.29 and its two-hundred day moving average price is $66.26. The company has a market cap of $41.39 billion, a PE ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a one year low of $54.87 and a one year high of $71.64.

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.