SPDR Portfolio S&P 500 ETF $SPLG Shares Sold by Hollencrest Capital Management

Hollencrest Capital Management reduced its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 13.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 132,478 shares of the company’s stock after selling 21,085 shares during the quarter. Hollencrest Capital Management’s holdings in SPDR Portfolio S&P 500 ETF were worth $10,378,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Clearstead Trust LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the 2nd quarter worth about $30,000. GPS Wealth Strategies Group LLC grew its position in SPDR Portfolio S&P 500 ETF by 194.6% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 489 shares of the company’s stock worth $36,000 after purchasing an additional 323 shares during the last quarter. GAMMA Investing LLC bought a new position in SPDR Portfolio S&P 500 ETF in the 3rd quarter worth about $40,000. Elevation Wealth Partners LLC increased its stake in shares of SPDR Portfolio S&P 500 ETF by 52.4% in the third quarter. Elevation Wealth Partners LLC now owns 573 shares of the company’s stock valued at $45,000 after purchasing an additional 197 shares during the period. Finally, Crewe Advisors LLC raised its holdings in shares of SPDR Portfolio S&P 500 ETF by 246.4% during the second quarter. Crewe Advisors LLC now owns 634 shares of the company’s stock valued at $46,000 after buying an additional 451 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Trading Up 0.4%

Shares of NYSEARCA SPLG opened at $81.85 on Thursday. SPDR Portfolio S&P 500 ETF has a 12-month low of $56.67 and a 12-month high of $81.14. The company has a market cap of $97.41 billion, a PE ratio of 25.61 and a beta of 1.00. The stock has a 50 day simple moving average of $80.48 and a 200-day simple moving average of $78.26.

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. The sectors in which the Fund invests include information technology, financials, consumer discretionary, health care, industrials, energy, consumer staples, materials, utilities and telecommunication services.