Assetmark Inc. Reduces Stock Holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Assetmark Inc. lessened its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 8.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,154,869 shares of the company’s stock after selling 290,409 shares during the quarter. Assetmark Inc. owned about 0.54% of SPDR Portfolio S&P 500 ETF worth $217,497,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Jones Financial Companies Lllp increased its position in SPDR Portfolio S&P 500 ETF by 14,332.4% during the fourth quarter. Jones Financial Companies Lllp now owns 15,584,437 shares of the company’s stock worth $1,074,391,000 after buying an additional 15,476,455 shares during the period. World Investment Advisors LLC boosted its holdings in shares of SPDR Portfolio S&P 500 ETF by 908.3% in the third quarter. World Investment Advisors LLC now owns 1,695,058 shares of the company’s stock valued at $114,433,000 after acquiring an additional 1,526,942 shares during the period. Gradient Investments LLC grew its position in shares of SPDR Portfolio S&P 500 ETF by 44.3% during the fourth quarter. Gradient Investments LLC now owns 4,755,325 shares of the company’s stock worth $327,832,000 after acquiring an additional 1,460,710 shares during the last quarter. Sumitomo Life Insurance Co. increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 18.4% in the 4th quarter. Sumitomo Life Insurance Co. now owns 9,052,600 shares of the company’s stock valued at $624,086,000 after acquiring an additional 1,410,000 shares during the period. Finally, National Mutual Insurance Federation of Agricultural Cooperatives raised its position in SPDR Portfolio S&P 500 ETF by 18.5% in the 4th quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 8,953,000 shares of the company’s stock valued at $617,220,000 after purchasing an additional 1,398,000 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of NYSEARCA:SPLG opened at $67.87 on Wednesday. SPDR Portfolio S&P 500 ETF has a 1-year low of $58.08 and a 1-year high of $72.14. The stock has a market cap of $56.36 billion, a P/E ratio of 26.92 and a beta of 1.01. The firm has a fifty day moving average price of $70.30 and a 200 day moving average price of $68.92.

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.