Hollencrest Capital Management Has $10.44 Million Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Hollencrest Capital Management lessened its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 11.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 154,587 shares of the company’s stock after selling 20,176 shares during the period. Hollencrest Capital Management’s holdings in SPDR Portfolio S&P 500 ETF were worth $10,436,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SPLG. Westwind Capital bought a new stake in SPDR Portfolio S&P 500 ETF during the 2nd quarter valued at approximately $26,000. Blue Trust Inc. acquired a new position in shares of SPDR Portfolio S&P 500 ETF during the third quarter worth approximately $31,000. ORG Wealth Partners LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the third quarter valued at approximately $33,000. Highline Wealth Partners LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the third quarter worth $36,000. Finally, ESL Trust Services LLC bought a new position in SPDR Portfolio S&P 500 ETF during the first quarter worth $40,000.

SPDR Portfolio S&P 500 ETF Stock Up 0.4 %

SPDR Portfolio S&P 500 ETF stock traded up $0.26 during mid-day trading on Friday, reaching $70.32. The company had a trading volume of 1,174,450 shares, compared to its average volume of 7,119,188. The company has a 50 day moving average of $67.12 and a 200-day moving average of $64.58. SPDR Portfolio S&P 500 ETF has a 52 week low of $50.97 and a 52 week high of $70.32. The firm has a market cap of $41.01 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00.

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.