MJT & Associates Financial Advisory Group Inc. Has $1.08 Million Position in SPDR Portfolio S&P 500 ETF $SPLG

MJT & Associates Financial Advisory Group Inc. lessened its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 1.6% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,861 shares of the company’s stock after selling 237 shares during the period. SPDR Portfolio S&P 500 ETF accounts for about 1.3% of MJT & Associates Financial Advisory Group Inc.’s portfolio, making the stock its 11th biggest holding. MJT & Associates Financial Advisory Group Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,080,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of SPLG. Roxbury Financial LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the second quarter valued at about $28,000. Signature Resources Capital Management LLC increased its stake in shares of SPDR Portfolio S&P 500 ETF by 1,200.0% in the first quarter. Signature Resources Capital Management LLC now owns 455 shares of the company’s stock valued at $30,000 after buying an additional 420 shares during the period. Retirement Wealth Solutions LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the second quarter valued at about $32,000. Pacifica Partners Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the second quarter valued at about $42,000. Finally, Missouri Trust & Investment Co acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the first quarter valued at about $46,000.

SPDR Portfolio S&P 500 ETF Trading Up 0.3%

Shares of SPLG stock opened at $78.34 on Wednesday. The stock has a market cap of $83.15 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00. The stock has a 50-day moving average of $76.04 and a 200-day moving average of $70.85. SPDR Portfolio S&P 500 ETF has a 1-year low of $56.67 and a 1-year high of $78.74.

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.