SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Shares Sold by Truist Financial Corp

Truist Financial Corp lowered its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 6.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 168,599 shares of the company’s stock after selling 12,349 shares during the quarter. Truist Financial Corp’s holdings in SPDR Portfolio S&P 500 ETF were worth $10,790,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Goldman Sachs Group Inc. raised its stake in SPDR Portfolio S&P 500 ETF by 97.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,542,711 shares of the company’s stock worth $86,238,000 after acquiring an additional 759,583 shares during the last quarter. Core Wealth Advisors Inc. purchased a new position in shares of SPDR Portfolio S&P 500 ETF in the fourth quarter worth about $16,624,000. MGO One Seven LLC lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 353.4% during the fourth quarter. MGO One Seven LLC now owns 51,302 shares of the company’s stock worth $2,868,000 after purchasing an additional 39,986 shares during the period. Tcwp LLC boosted its position in SPDR Portfolio S&P 500 ETF by 4.5% in the fourth quarter. Tcwp LLC now owns 39,585 shares of the company’s stock valued at $2,213,000 after buying an additional 1,718 shares during the last quarter. Finally, Redwood Investment Management LLC increased its holdings in SPDR Portfolio S&P 500 ETF by 48.0% in the 4th quarter. Redwood Investment Management LLC now owns 90,144 shares of the company’s stock worth $5,039,000 after buying an additional 29,251 shares during the period.

SPDR Portfolio S&P 500 ETF Price Performance

NYSEARCA SPLG opened at $67.39 on Friday. SPDR Portfolio S&P 500 ETF has a 1 year low of $48.13 and a 1 year high of $67.58. The company has a market capitalization of $39.30 billion, a PE ratio of 26.64 and a beta of 1.00. The company has a fifty day moving average of $65.21 and a 200 day moving average of $63.34.

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.