Cherry Tree Wealth Management LLC Has $1.15 Million Stock Holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Cherry Tree Wealth Management LLC decreased its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 4.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 16,628 shares of the company’s stock after selling 810 shares during the period. Cherry Tree Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,146,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in SPLG. National Mutual Insurance Federation of Agricultural Cooperatives increased its stake in shares of SPDR Portfolio S&P 500 ETF by 154.4% in the third quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 7,555,000 shares of the company’s stock valued at $510,038,000 after buying an additional 4,585,000 shares during the period. World Investment Advisors LLC increased its stake in shares of SPDR Portfolio S&P 500 ETF by 908.3% in the third quarter. World Investment Advisors LLC now owns 1,695,058 shares of the company’s stock valued at $114,433,000 after buying an additional 1,526,942 shares during the period. Gradient Investments LLC increased its stake in shares of SPDR Portfolio S&P 500 ETF by 44.3% in the fourth quarter. Gradient Investments LLC now owns 4,755,325 shares of the company’s stock valued at $327,832,000 after buying an additional 1,460,710 shares during the period. Sumitomo Life Insurance Co. increased its stake in shares of SPDR Portfolio S&P 500 ETF by 18.4% in the fourth quarter. Sumitomo Life Insurance Co. now owns 9,052,600 shares of the company’s stock valued at $624,086,000 after buying an additional 1,410,000 shares during the period. Finally, Spinnaker Trust grew its stake in SPDR Portfolio S&P 500 ETF by 126.5% during the fourth quarter. Spinnaker Trust now owns 1,806,414 shares of the company’s stock worth $124,534,000 after purchasing an additional 1,008,858 shares during the period.

SPDR Portfolio S&P 500 ETF Price Performance

NYSEARCA SPLG opened at $70.59 on Monday. The business has a 50 day simple moving average of $70.41 and a 200 day simple moving average of $68.64. SPDR Portfolio S&P 500 ETF has a one year low of $58.08 and a one year high of $72.14. The stock has a market capitalization of $58.62 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.