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 7.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 151,092 shares of the company’s stock after selling 12,409 shares during the quarter. SPDR Portfolio S&P 500 ETF makes up about 5.2% of Firethorn Wealth Partners LLC’s holdings, making the stock its 3rd biggest position. Firethorn Wealth Partners LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $10,200,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. LPL Financial LLC grew its position in shares of SPDR Portfolio S&P 500 ETF by 8.0% during the 2nd quarter. LPL Financial LLC now owns 32,127,760 shares of the company’s stock valued at $2,056,177,000 after acquiring an additional 2,389,144 shares during the period. Creative Planning grew 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 acquiring an additional 915,823 shares during the period. Advance Capital Management Inc. raised its stake in SPDR Portfolio S&P 500 ETF by 3.1% in the 2nd quarter. Advance Capital Management Inc. now owns 13,569,767 shares of the company’s stock valued at $868,465,000 after acquiring an additional 402,001 shares during the period. Envestnet Asset Management Inc. lifted its holdings in SPDR Portfolio S&P 500 ETF by 13.6% during the second quarter. Envestnet Asset Management Inc. now owns 10,281,461 shares of the company’s stock valued at $658,014,000 after purchasing an additional 1,232,825 shares during the last quarter. Finally, Sumitomo Life Insurance Co. boosted its position in SPDR Portfolio S&P 500 ETF by 50.1% during the third 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 during the period.

SPDR Portfolio S&P 500 ETF Stock Up 0.4 %

NYSEARCA SPLG opened at $68.48 on Thursday. The firm has a market cap of $39.93 billion, a P/E ratio of 26.64 and a beta of 1.00. The company’s 50 day moving average is $66.03 and its 200-day moving average is $63.71. SPDR Portfolio S&P 500 ETF has a 12-month low of $48.13 and a 12-month high of $68.83.

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.