Stonebrook Private Inc. Has $8.07 Million Stock Holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Stonebrook Private Inc. cut its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 9.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 119,577 shares of the company’s stock after selling 12,026 shares during the period. SPDR Portfolio S&P 500 ETF makes up approximately 2.1% of Stonebrook Private Inc.’s investment portfolio, making the stock its 8th largest holding. Stonebrook Private Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $8,073,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Westwind Capital bought a new position in shares of SPDR Portfolio S&P 500 ETF during the 2nd quarter worth approximately $26,000. ORG Wealth Partners LLC bought a new stake in SPDR Portfolio S&P 500 ETF in the third quarter valued at approximately $33,000. Blue Trust Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the third quarter valued at approximately $31,000. Highline Wealth Partners LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF during the 3rd quarter worth approximately $36,000. Finally, ORG Partners LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF during the 2nd quarter worth approximately $41,000.

SPDR Portfolio S&P 500 ETF Trading Up 0.3 %

SPLG opened at $70.04 on Friday. The stock’s fifty day simple moving average is $68.07 and its 200 day simple moving average is $65.30. SPDR Portfolio S&P 500 ETF has a 1-year low of $53.31 and a 1-year high of $70.59. The stock has a market cap of $40.84 billion, a PE 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.