SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) is Firethorn Wealth Partners LLC’s 3rd Largest Position

Firethorn Wealth Partners LLC cut its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 6.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 141,919 shares of the company’s stock after selling 9,173 shares during the period. SPDR Portfolio S&P 500 ETF accounts for about 4.9% of Firethorn Wealth Partners LLC’s investment portfolio, making the stock its 3rd largest position. Firethorn Wealth Partners LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $9,784,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Creative Planning raised its stake in shares of SPDR Portfolio S&P 500 ETF by 3.2% during the 3rd quarter. Creative Planning now owns 29,491,836 shares of the company’s stock worth $1,990,994,000 after purchasing an additional 915,823 shares in the last quarter. Sumitomo Life Insurance Co. raised its stake in shares of SPDR Portfolio S&P 500 ETF by 50.1% during the 3rd quarter. Sumitomo Life Insurance Co. now owns 7,642,600 shares of the company’s stock worth $515,952,000 after purchasing an additional 2,550,000 shares in the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives raised its stake in shares of SPDR Portfolio S&P 500 ETF by 154.4% during the 3rd quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 7,555,000 shares of the company’s stock worth $510,038,000 after purchasing an additional 4,585,000 shares in the last quarter. CWM LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF by 8.2% during the 3rd quarter. CWM LLC now owns 7,213,673 shares of the company’s stock worth $486,995,000 after purchasing an additional 547,989 shares in the last quarter. Finally, Gradient Investments LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF by 44.3% during the 4th quarter. Gradient Investments LLC now owns 4,755,325 shares of the company’s stock worth $327,832,000 after purchasing an additional 1,460,710 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPLG stock opened at $71.51 on Friday. The stock’s 50 day simple moving average is $70.20 and its 200 day simple moving average is $67.62. SPDR Portfolio S&P 500 ETF has a twelve month low of $56.80 and a twelve month high of $71.85. The company has a market capitalization of $41.70 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00.

SPDR Portfolio S&P 500 ETF 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.