Schrum Private Wealth Management LLC Cuts Stock Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Schrum Private Wealth Management LLC decreased its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 44.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 37,217 shares of the company’s stock after selling 29,415 shares during the period. SPDR Portfolio S&P 500 ETF makes up approximately 2.2% of Schrum Private Wealth Management LLC’s investment portfolio, making the stock its 8th largest position. Schrum Private Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $2,566,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in SPLG. Elevation Wealth Partners LLC bought a new position in SPDR Portfolio S&P 500 ETF in the 4th quarter worth approximately $26,000. Hemington Wealth Management acquired a new position in SPDR Portfolio S&P 500 ETF during the 4th quarter worth $30,000. Halbert Hargrove Global Advisors LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF in the fourth quarter worth $37,000. Comprehensive Financial Planning Inc. PA acquired a new position in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter valued at $39,000. Finally, West Branch Capital LLC acquired a new position in SPDR Portfolio S&P 500 ETF during the 4th quarter valued at about $41,000.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of NYSEARCA:SPLG opened at $68.60 on Thursday. SPDR Portfolio S&P 500 ETF has a 12 month low of $58.08 and a 12 month high of $72.14. The stock’s 50 day moving average price is $70.25 and its 200 day moving average price is $68.92. The stock has a market cap of $56.97 billion, a price-to-earnings ratio of 26.92 and a beta of 1.01.

SPDR Portfolio S&P 500 ETF Company 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.