Cedar Wealth Management LLC Has $1.04 Million Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Cedar Wealth Management LLC cut its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 4.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,287 shares of the company’s stock after selling 838 shares during the period. Cedar Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,042,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. Waterloo Capital L.P. raised its stake in SPDR Portfolio S&P 500 ETF by 2.3% in the fourth quarter. Waterloo Capital L.P. now owns 104,106 shares of the company’s stock valued at $5,820,000 after purchasing an additional 2,339 shares in the last quarter. SWP Financial LLC bought a new position in SPDR Portfolio S&P 500 ETF in the 4th quarter valued at about $289,000. Oarsman Capital Inc. acquired a new position in shares of SPDR Portfolio S&P 500 ETF in the 4th quarter valued at approximately $4,600,000. Shepherd Financial Partners LLC lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 1.9% during the 4th quarter. Shepherd Financial Partners LLC now owns 80,068 shares of the company’s stock worth $4,476,000 after acquiring an additional 1,470 shares during the period. Finally, GM Advisory Group LLC boosted its position in shares of SPDR Portfolio S&P 500 ETF by 5.2% during the 4th quarter. GM Advisory Group LLC now owns 3,040,690 shares of the company’s stock worth $169,975,000 after acquiring an additional 149,365 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of SPLG opened at $67.17 on Friday. The firm has a 50 day simple moving average of $64.74 and a two-hundred day simple moving average of $62.80. SPDR Portfolio S&P 500 ETF has a one year low of $48.13 and a one year high of $67.39. The company has a market cap of $39.17 billion, a P/E 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.