Axxcess Wealth Management LLC Has $1.96 Million Stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Axxcess Wealth Management LLC trimmed its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 10.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 31,789 shares of the company’s stock after selling 3,700 shares during the period. Axxcess Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,956,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. EP Wealth Advisors LLC acquired a new position in SPDR Portfolio S&P 500 ETF in the first quarter valued at about $185,000. Evermay Wealth Management LLC boosted its position in shares of SPDR Portfolio S&P 500 ETF by 92.7% during the first quarter. Evermay Wealth Management LLC now owns 38,497 shares of the company’s stock worth $2,369,000 after buying an additional 18,521 shares during the period. Cedar Wealth Management LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF during the first quarter worth about $1,054,000. O Shaughnessy Asset Management LLC boosted its position in shares of SPDR Portfolio S&P 500 ETF by 82.5% during the first quarter. O Shaughnessy Asset Management LLC now owns 6,685 shares of the company’s stock worth $411,000 after buying an additional 3,021 shares during the period. Finally, PAX Financial Group LLC boosted its position in shares of SPDR Portfolio S&P 500 ETF by 62.9% during the first quarter. PAX Financial Group LLC now owns 41,043 shares of the company’s stock worth $2,525,000 after buying an additional 15,853 shares during the period.

SPDR Portfolio S&P 500 ETF Trading Up 1.1 %

Shares of SPLG stock traded up $0.69 on Friday, hitting $64.01. 5,726,906 shares of the stock were exchanged, compared to its average volume of 7,438,530. The firm has a market capitalization of $37.33 billion, a P/E ratio of 26.64 and a beta of 1.00. The business has a 50-day moving average of $63.89 and a 200 day moving average of $60.96. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $48.13 and a fifty-two week high of $66.47.

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.