Lunt Capital Management Inc. Has $4.10 Million Stock Holdings in SPDR Portfolio S&P 500 ETF $SPLG

Lunt Capital Management Inc. reduced its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 28.3% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 56,435 shares of the company’s stock after selling 22,272 shares during the quarter. SPDR Portfolio S&P 500 ETF makes up approximately 1.6% of Lunt Capital Management Inc.’s holdings, making the stock its 20th biggest position. Lunt Capital Management Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $4,102,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. WealthShield Partners LLC increased its position in shares of SPDR Portfolio S&P 500 ETF by 4.3% in the first quarter. WealthShield Partners LLC now owns 28,946 shares of the company’s stock valued at $1,904,000 after acquiring an additional 1,191 shares during the last quarter. Advisors Capital Management LLC grew its stake in SPDR Portfolio S&P 500 ETF by 7.3% in the first quarter. Advisors Capital Management LLC now owns 6,848 shares of the company’s stock valued at $450,000 after purchasing an additional 468 shares in 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 position 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 purchasing an additional 187,585 shares during the last quarter. Finally, Foundations Investment Advisors LLC raised its stake 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 purchasing an additional 446 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Trading Down 0.1%

Shares of SPLG opened at $77.91 on Wednesday. The company’s fifty day simple moving average is $76.86 and its 200 day simple moving average is $71.66. SPDR Portfolio S&P 500 ETF has a 1-year low of $56.67 and a 1-year high of $79.28. The company has a market cap of $88.73 billion, a price-to-earnings ratio of 25.61 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.