AE Wealth Management LLC Sells 81,193 Shares of SPDR Portfolio S&P 500 ETF $SPLG

AE Wealth Management LLC reduced its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 5.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,442,622 shares of the company’s stock after selling 81,193 shares during the quarter. SPDR Portfolio S&P 500 ETF comprises about 0.7% of AE Wealth Management LLC’s portfolio, making the stock its 24th largest position. AE Wealth Management LLC owned about 0.12% of SPDR Portfolio S&P 500 ETF worth $113,015,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Consolidated Planning Corp boosted its holdings in shares of SPDR Portfolio S&P 500 ETF by 2.3% in the 2nd quarter. Consolidated Planning Corp now owns 6,079 shares of the company’s stock valued at $442,000 after purchasing an additional 137 shares in the last quarter. Westover Capital Advisors LLC lifted its position in shares of SPDR Portfolio S&P 500 ETF by 0.4% during the 2nd quarter. Westover Capital Advisors LLC now owns 35,931 shares of the company’s stock worth $2,612,000 after buying an additional 138 shares during the last quarter. Ranch Capital Advisors Inc. boosted its stake in SPDR Portfolio S&P 500 ETF by 0.7% in the second quarter. Ranch Capital Advisors Inc. now owns 21,013 shares of the company’s stock valued at $1,527,000 after buying an additional 143 shares in the last quarter. Spirepoint Private Client LLC grew its position in SPDR Portfolio S&P 500 ETF by 0.7% in the third quarter. Spirepoint Private Client LLC now owns 22,289 shares of the company’s stock valued at $1,746,000 after acquiring an additional 144 shares during the last quarter. Finally, Inscription Capital LLC raised its stake in SPDR Portfolio S&P 500 ETF by 3.5% during the third quarter. Inscription Capital LLC now owns 4,263 shares of the company’s stock worth $334,000 after acquiring an additional 146 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Trading Up 0.4%

SPLG opened at $81.85 on Thursday. The company has a market cap of $97.41 billion, a P/E ratio of 25.61 and a beta of 1.00. The company’s 50 day moving average is $80.48 and its 200-day moving average is $78.26. SPDR Portfolio S&P 500 ETF has a 1-year low of $56.67 and a 1-year high of $81.14.

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.