Prosperity Financial Group Inc. Sells 2,038 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Prosperity Financial Group Inc. lowered its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 11.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 15,819 shares of the company’s stock after selling 2,038 shares during the quarter. Prosperity Financial Group Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,091,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of SPLG. Cushing Capital Partners LLC purchased a new stake in SPDR Portfolio S&P 500 ETF in the fourth quarter worth approximately $4,154,000. Inspire Advisors LLC lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 4.3% in the 4th quarter. Inspire Advisors LLC now owns 6,350 shares of the company’s stock worth $438,000 after acquiring an additional 264 shares during the last quarter. Founders Financial Alliance LLC lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 4.8% in the 4th quarter. Founders Financial Alliance LLC now owns 6,637 shares of the company’s stock worth $458,000 after acquiring an additional 305 shares during the last quarter. Global View Capital Management LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the 4th quarter worth approximately $22,788,000. Finally, Citizens Financial Group Inc. RI lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 1,029.5% in the 4th quarter. Citizens Financial Group Inc. RI now owns 66,514 shares of the company’s stock worth $4,585,000 after acquiring an additional 60,625 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Down 0.8 %

NYSEARCA:SPLG opened at $65.42 on Wednesday. The company has a fifty day moving average of $70.00 and a 200 day moving average of $68.97. SPDR Portfolio S&P 500 ETF has a 52 week low of $58.08 and a 52 week high of $72.14. The firm has a market capitalization of $54.32 billion, a P/E ratio of 26.92 and a beta of 1.01.

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.