Ameriprise Financial Inc. Reduces Stock Position in SPDR Portfolio S&P 500 ETF $SPLG

Ameriprise Financial Inc. cut its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 0.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,634,030 shares of the company’s stock after selling 37,638 shares during the quarter. Ameriprise Financial Inc. owned approximately 0.39% of SPDR Portfolio S&P 500 ETF worth $363,100,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the business. Center for Financial Planning Inc. bought a new position in shares of SPDR Portfolio S&P 500 ETF during the third quarter valued at approximately $37,000. Heritage Wealth Advisors purchased a new stake in shares of SPDR Portfolio S&P 500 ETF in the 3rd quarter worth about $38,000. GAMMA Investing LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF in the 3rd quarter worth about $40,000. Wealth Watch Advisors INC bought a new stake in shares of SPDR Portfolio S&P 500 ETF during the 3rd quarter valued at about $43,000. Finally, Elevation Wealth Partners LLC boosted its stake in shares of SPDR Portfolio S&P 500 ETF by 52.4% during the 3rd quarter. Elevation Wealth Partners LLC now owns 573 shares of the company’s stock valued at $45,000 after purchasing an additional 197 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of NYSEARCA SPLG opened at $77.74 on Tuesday. SPDR Portfolio S&P 500 ETF has a 1 year low of $56.67 and a 1 year high of $81.14. The stock has a market capitalization of $92.51 billion, a P/E ratio of 25.61 and a beta of 1.00. The company’s 50-day moving average is $80.78 and its 200 day moving average is $79.63.

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