Quadcap Wealth Management LLC Decreases Stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Quadcap Wealth Management LLC reduced its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 9.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,088 shares of the company’s stock after selling 2,198 shares during the period. Quadcap Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,454,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of SPLG. Elevation Wealth Partners LLC purchased a new position in SPDR Portfolio S&P 500 ETF in the 4th quarter worth approximately $26,000. Hemington Wealth Management purchased a new position in SPDR Portfolio S&P 500 ETF in the 4th quarter worth approximately $30,000. Halbert Hargrove Global Advisors LLC purchased a new position in SPDR Portfolio S&P 500 ETF in the 4th quarter worth approximately $37,000. Clarity Asset Management Inc. purchased a new position in SPDR Portfolio S&P 500 ETF in the 4th quarter worth approximately $38,000. Finally, Comprehensive Financial Planning Inc. PA purchased a new position in SPDR Portfolio S&P 500 ETF in the 4th quarter worth approximately $39,000.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPLG stock opened at $69.11 on Thursday. The firm has a market cap of $63.75 billion, a P/E ratio of 24.62 and a beta of 1.01. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $56.67 and a fifty-two week high of $72.14. The business’s 50 day moving average price is $64.74 and its 200-day moving average price is $68.23.

SPDR Portfolio S&P 500 ETF 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.