National Wealth Management Group LLC Sells 25,526 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

National Wealth Management Group LLC cut its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 73.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,376 shares of the company’s stock after selling 25,526 shares during the quarter. National Wealth Management Group LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $633,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Financial Futures Ltd Liability Co. lifted its stake in SPDR Portfolio S&P 500 ETF by 3.6% in the third quarter. Financial Futures Ltd Liability Co. now owns 233,519 shares of the company’s stock worth $15,765,000 after acquiring an additional 8,212 shares during the period. Sachetta LLC lifted its position in shares of SPDR Portfolio S&P 500 ETF by 82.9% during the second quarter. Sachetta LLC now owns 1,624 shares of the company’s stock valued at $104,000 after buying an additional 736 shares during the last quarter. Kingsview Wealth Management LLC lifted its position in shares of SPDR Portfolio S&P 500 ETF by 2.1% during the third quarter. Kingsview Wealth Management LLC now owns 115,302 shares of the company’s stock valued at $7,784,000 after buying an additional 2,404 shares during the last quarter. Bleakley Financial Group LLC lifted its position in shares of SPDR Portfolio S&P 500 ETF by 5.2% during the third quarter. Bleakley Financial Group LLC now owns 18,669 shares of the company’s stock valued at $1,260,000 after buying an additional 926 shares during the last quarter. Finally, QRG Capital Management Inc. lifted its position in shares of SPDR Portfolio S&P 500 ETF by 11.8% during the second quarter. QRG Capital Management Inc. now owns 5,868 shares of the company’s stock valued at $376,000 after buying an additional 619 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

SPLG stock opened at $70.44 on Thursday. The firm has a market cap of $41.08 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00. The firm has a 50-day simple moving average of $68.40 and a two-hundred day simple moving average of $65.59. SPDR Portfolio S&P 500 ETF has a one year low of $53.31 and a one year high of $70.74.

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.