SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) is Beta Wealth Group Inc.’s 4th Largest Position

Beta Wealth Group Inc. lessened its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 2.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 159,599 shares of the company’s stock after selling 3,235 shares during the quarter. SPDR Portfolio S&P 500 ETF comprises 4.9% of Beta Wealth Group Inc.’s holdings, making the stock its 4th largest position. Beta Wealth Group Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $10,775,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Westwind Capital purchased a new position in shares of SPDR Portfolio S&P 500 ETF in the second quarter worth about $26,000. Blue Trust Inc. purchased a new position in SPDR Portfolio S&P 500 ETF in the 3rd quarter worth approximately $31,000. ORG Wealth Partners LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF during the 3rd quarter worth approximately $33,000. Highline Wealth Partners LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF in the third quarter valued at approximately $36,000. Finally, ESL Trust Services LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF in the first quarter valued at approximately $40,000.

SPDR Portfolio S&P 500 ETF Stock Performance

NYSEARCA SPLG opened at $70.37 on Friday. The stock’s fifty day moving average is $67.20 and its two-hundred day moving average is $64.66. The firm has a market capitalization of $41.04 billion, a P/E ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $50.97 and a fifty-two week high of $70.53.

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.