Avidian Wealth Enterprises LLC Sells 222,505 Shares of SPDR Portfolio S&P 500 ETF $SPLG

Avidian Wealth Enterprises LLC decreased its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 22.6% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 763,291 shares of the company’s stock after selling 222,505 shares during the period. SPDR Portfolio S&P 500 ETF accounts for about 2.3% of Avidian Wealth Enterprises LLC’s holdings, making the stock its 8th largest position. Avidian Wealth Enterprises LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $55,484,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the stock. USS Investment Management Ltd bought a new stake in SPDR Portfolio S&P 500 ETF during the 1st quarter valued at approximately $1,394,006,000. Jones Financial Companies Lllp boosted its stake in SPDR Portfolio S&P 500 ETF by 99.4% during the 1st quarter. Jones Financial Companies Lllp now owns 31,074,010 shares of the company’s stock valued at $2,031,308,000 after purchasing an additional 15,489,573 shares during the period. Allianz Asset Management GmbH boosted its stake in SPDR Portfolio S&P 500 ETF by 38.6% during the 1st quarter. Allianz Asset Management GmbH now owns 12,846,198 shares of the company’s stock valued at $844,766,000 after purchasing an additional 3,577,176 shares during the period. LPL Financial LLC boosted its stake in SPDR Portfolio S&P 500 ETF by 6.7% during the 1st quarter. LPL Financial LLC now owns 41,960,691 shares of the company’s stock valued at $2,759,335,000 after purchasing an additional 2,643,842 shares during the period. Finally, SCS Capital Management LLC bought a new stake in SPDR Portfolio S&P 500 ETF during the 1st quarter valued at approximately $167,317,000.

SPDR Portfolio S&P 500 ETF Stock Up 1.0%

Shares of NYSEARCA:SPLG opened at $78.97 on Tuesday. The business has a 50 day moving average price of $77.15 and a 200 day moving average price of $72.11. SPDR Portfolio S&P 500 ETF has a twelve month low of $56.67 and a twelve month high of $79.28. The company has a market cap of $92.00 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00.

SPDR Portfolio S&P 500 ETF Company 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.