SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Shares Sold by Peterson Wealth Advisors LLC

Peterson Wealth Advisors LLC cut its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 1.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 2,366,964 shares of the company’s stock after selling 34,925 shares during the period. SPDR Portfolio S&P 500 ETF comprises approximately 29.7% of Peterson Wealth Advisors LLC’s holdings, making the stock its biggest position. Peterson Wealth Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $164,812,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Blue Trust Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 ETF during the third quarter worth about $31,000. ORG Wealth Partners LLC acquired a new stake in SPDR Portfolio S&P 500 ETF in the 3rd quarter worth about $33,000. Highline Wealth Partners LLC purchased a new stake in SPDR Portfolio S&P 500 ETF during the 3rd quarter worth approximately $36,000. West Branch Capital LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter valued at approximately $41,000. Finally, Decker Retirement Planning Inc. purchased a new position in shares of SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $43,000.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPLG opened at $71.34 on Thursday. The stock has a 50 day moving average price of $70.09 and a 200 day moving average price of $67.52. SPDR Portfolio S&P 500 ETF has a one year low of $56.80 and a one year high of $71.64. The stock has a market capitalization of $41.60 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00.

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.