Compass Ion Advisors LLC Reduces Stock Holdings in SPDR Portfolio S&P 500 ETF $SPLG

Compass Ion Advisors LLC decreased its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 50.2% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 585,372 shares of the company’s stock after selling 590,845 shares during the period. SPDR Portfolio S&P 500 ETF accounts for 4.4% of Compass Ion Advisors LLC’s portfolio, making the stock its 5th largest position. Compass Ion Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $45,858,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in SPLG. Clearstead Trust LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF during the second quarter valued at approximately $30,000. GPS Wealth Strategies Group LLC boosted its stake in SPDR Portfolio S&P 500 ETF by 194.6% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 489 shares of the company’s stock valued at $36,000 after purchasing an additional 323 shares during the last quarter. GAMMA Investing LLC purchased a new stake in SPDR Portfolio S&P 500 ETF during the 3rd quarter valued at $40,000. Pacifica Partners Inc. bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the 2nd quarter worth $42,000. Finally, Elevation Wealth Partners LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF by 52.4% in the third quarter. Elevation Wealth Partners LLC now owns 573 shares of the company’s stock worth $45,000 after purchasing an additional 197 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of NYSEARCA:SPLG opened at $81.38 on Friday. SPDR Portfolio S&P 500 ETF has a 1 year low of $56.67 and a 1 year high of $81.14. The company has a market cap of $96.85 billion, a P/E ratio of 25.61 and a beta of 1.00. The stock’s fifty day moving average price is $80.19 and its 200-day moving average price is $77.83.

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