Cannon Wealth Management Services LLC Has $10.63 Million Holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Cannon Wealth Management Services LLC reduced its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 1.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 151,247 shares of the company’s stock after selling 2,194 shares during the period. SPDR Portfolio S&P 500 ETF accounts for 9.2% of Cannon Wealth Management Services LLC’s holdings, making the stock its biggest holding. Cannon Wealth Management Services LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $10,634,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SPLG. Sumitomo Life Insurance Co. raised its holdings in shares of SPDR Portfolio S&P 500 ETF by 18.4% in the 4th quarter. Sumitomo Life Insurance Co. now owns 9,052,600 shares of the company’s stock worth $624,086,000 after acquiring an additional 1,410,000 shares during the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives raised its holdings in shares of SPDR Portfolio S&P 500 ETF by 18.5% in the 4th quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 8,953,000 shares of the company’s stock worth $617,220,000 after acquiring an additional 1,398,000 shares during the last quarter. Gradient Investments LLC raised its holdings in shares of SPDR Portfolio S&P 500 ETF by 44.3% in the 4th quarter. Gradient Investments LLC now owns 4,755,325 shares of the company’s stock worth $327,832,000 after acquiring an additional 1,460,710 shares during the last quarter. 1900 Wealth Management LLC raised its holdings in shares of SPDR Portfolio S&P 500 ETF by 4.8% in the 4th quarter. 1900 Wealth Management LLC now owns 4,704,127 shares of the company’s stock worth $325,259,000 after acquiring an additional 213,820 shares during the last quarter. Finally, Private Advisor Group LLC raised its holdings in shares of SPDR Portfolio S&P 500 ETF by 4.5% in the 4th quarter. Private Advisor Group LLC now owns 4,058,916 shares of the company’s stock worth $279,822,000 after acquiring an additional 173,333 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

SPLG opened at $70.59 on Monday. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $58.08 and a fifty-two week high of $72.14. The firm has a market capitalization of $58.62 billion, a PE ratio of 26.92 and a beta of 1.01. The company’s 50-day moving average is $70.41 and its 200 day moving average is $68.64.

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.