Steele Capital Management Inc. Has $24.60 Million Position in SPDR Portfolio S&P 500 ETF $SPLG

Steele Capital Management Inc. cut its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 3.8% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 314,031 shares of the company’s stock after selling 12,391 shares during the period. SPDR Portfolio S&P 500 ETF comprises approximately 1.1% of Steele Capital Management Inc.’s holdings, making the stock its 22nd largest position. Steele Capital Management Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $24,601,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Roxbury Financial LLC bought a new stake in SPDR Portfolio S&P 500 ETF in the second quarter worth approximately $28,000. Clearstead Trust LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF during the 2nd quarter worth approximately $30,000. Retirement Wealth Solutions LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF during the 2nd quarter worth approximately $32,000. GPS Wealth Strategies Group LLC increased its stake in shares of SPDR Portfolio S&P 500 ETF by 194.6% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 489 shares of the company’s stock valued at $36,000 after acquiring an additional 323 shares in the last quarter. Finally, GAMMA Investing LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF during the 3rd quarter valued at $40,000.

SPDR Portfolio S&P 500 ETF Stock Down 0.0%

Shares of NYSEARCA SPLG opened at $81.12 on Friday. The firm has a market cap of $96.54 billion, a PE ratio of 25.61 and a beta of 1.00. The company’s fifty day simple moving average is $80.00 and its 200 day simple moving average is $77.46. SPDR Portfolio S&P 500 ETF has a 12-month low of $56.67 and a 12-month high of $81.14.

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. The sectors in which the Fund invests include information technology, financials, consumer discretionary, health care, industrials, energy, consumer staples, materials, utilities and telecommunication services.