SCS Capital Management LLC Has $183.23 Million Stock Holdings in SPDR Portfolio S&P 500 ETF $SPLG

SCS Capital Management LLC reduced its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 0.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,520,673 shares of the company’s stock after selling 23,689 shares during the period. SPDR Portfolio S&P 500 ETF makes up approximately 2.0% of SCS Capital Management LLC’s investment portfolio, making the stock its 13th biggest position. SCS Capital Management LLC owned 0.24% of SPDR Portfolio S&P 500 ETF worth $183,228,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Consolidated Planning Corp raised its holdings in shares of SPDR Portfolio S&P 500 ETF by 2.3% during the 2nd quarter. Consolidated Planning Corp now owns 6,079 shares of the company’s stock worth $442,000 after buying an additional 137 shares in the last quarter. Westover Capital Advisors LLC grew its position in SPDR Portfolio S&P 500 ETF by 0.4% in the second quarter. Westover Capital Advisors LLC now owns 35,931 shares of the company’s stock valued at $2,612,000 after acquiring an additional 138 shares during the last quarter. Ranch Capital Advisors Inc. raised its stake in SPDR Portfolio S&P 500 ETF by 0.7% during the second quarter. Ranch Capital Advisors Inc. now owns 21,013 shares of the company’s stock worth $1,527,000 after acquiring an additional 143 shares in the last quarter. International Assets Investment Management LLC raised its stake in SPDR Portfolio S&P 500 ETF by 3.3% during the second quarter. International Assets Investment Management LLC now owns 4,666 shares of the company’s stock worth $339,000 after acquiring an additional 149 shares in the last quarter. Finally, PAX Financial Group LLC lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 2.3% in the second quarter. PAX Financial Group LLC now owns 6,725 shares of the company’s stock worth $489,000 after acquiring an additional 152 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Trading Up 0.3%

SPLG opened at $80.46 on Friday. SPDR Portfolio S&P 500 ETF has a 1-year low of $56.67 and a 1-year high of $81.14. The company has a market cap of $95.75 billion, a P/E ratio of 25.61 and a beta of 1.00. The company’s 50 day moving average is $79.10 and its 200-day moving average is $75.52.

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.