Balentine LLC Sells 3,030 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Balentine LLC cut its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 5.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 50,817 shares of the company’s stock after selling 3,030 shares during the quarter. SPDR Portfolio S&P 500 ETF accounts for 0.1% of Balentine LLC’s portfolio, making the stock its 23rd biggest holding. Balentine LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $3,503,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SPLG. Financial Futures Ltd Liability Co. grew its stake in shares of SPDR Portfolio S&P 500 ETF by 3.6% in the 3rd quarter. Financial Futures Ltd Liability Co. now owns 233,519 shares of the company’s stock valued at $15,765,000 after purchasing an additional 8,212 shares during the period. Barclays PLC grew its stake in shares of SPDR Portfolio S&P 500 ETF by 170.0% during the third quarter. Barclays PLC now owns 1,350 shares of the company’s stock valued at $91,000 after purchasing an additional 850 shares during the last quarter. Continuum Advisory LLC increased its stake in shares of SPDR Portfolio S&P 500 ETF by 1.5% in the 3rd quarter. Continuum Advisory LLC now owns 129,586 shares of the company’s stock valued at $9,044,000 after buying an additional 1,924 shares during the period. Golden State Wealth Management LLC bought a new stake in SPDR Portfolio S&P 500 ETF during the 4th quarter worth about $7,377,000. Finally, Kingsview Wealth Management LLC lifted its holdings in SPDR Portfolio S&P 500 ETF by 2.1% in the third quarter. Kingsview Wealth Management LLC now owns 115,302 shares of the company’s stock valued at $7,784,000 after buying an additional 2,404 shares during the period.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPDR Portfolio S&P 500 ETF stock opened at $71.15 on Tuesday. The firm has a fifty day moving average of $70.36 and a two-hundred day moving average of $68.04. The stock has a market capitalization of $41.49 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 52 week low of $57.72 and a 52 week high of $71.85.

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.