Taiyo Life Insurance Co. Sells 380,000 Shares of SPDR Portfolio S&P 500 ETF $SPLG

Taiyo Life Insurance Co. decreased its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 30.8% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 855,500 shares of the company’s stock after selling 380,000 shares during the quarter. SPDR Portfolio S&P 500 ETF comprises about 5.8% of Taiyo Life Insurance Co.’s portfolio, making the stock its 8th biggest holding. Taiyo Life Insurance Co.’s holdings in SPDR Portfolio S&P 500 ETF were worth $62,186,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. WealthShield Partners LLC increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 4.3% during the 1st quarter. WealthShield Partners LLC now owns 28,946 shares of the company’s stock worth $1,904,000 after acquiring an additional 1,191 shares during the last quarter. Advisors Capital Management LLC increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 7.3% during the 1st quarter. Advisors Capital Management LLC now owns 6,848 shares of the company’s stock worth $450,000 after acquiring an additional 468 shares during the last quarter. Fiduciary Alliance LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF during the 2nd quarter worth approximately $660,000. Wealth Enhancement Advisory Services LLC increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 10.6% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 1,951,291 shares of the company’s stock worth $128,317,000 after acquiring an additional 187,585 shares during the last quarter. Finally, Foundations Investment Advisors LLC increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 0.9% during the 1st quarter. Foundations Investment Advisors LLC now owns 48,482 shares of the company’s stock worth $3,188,000 after acquiring an additional 446 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Trading Up 1.5%

SPLG stock opened at $78.00 on Tuesday. The firm has a market capitalization of $88.83 billion, a PE ratio of 25.61 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 1-year low of $56.67 and a 1-year high of $79.28. The business’s 50 day simple moving average is $76.78 and its 200 day simple moving average is $71.62.

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.