Daido Life Insurance Co. Has $30.39 Million Stock Holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Daido Life Insurance Co. trimmed its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 34.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 440,783 shares of the company’s stock after selling 228,658 shares during the period. SPDR Portfolio S&P 500 ETF accounts for 3.7% of Daido Life Insurance Co.’s portfolio, making the stock its 5th largest holding. Daido Life Insurance Co. owned 0.08% of SPDR Portfolio S&P 500 ETF worth $30,388,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Elevation Wealth Partners LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF during the 4th quarter valued at about $26,000. Hemington Wealth Management purchased a new stake in shares of SPDR Portfolio S&P 500 ETF during the 4th quarter worth approximately $30,000. Halbert Hargrove Global Advisors LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF during the 4th quarter valued at approximately $37,000. Comprehensive Financial Planning Inc. PA purchased a new position in shares of SPDR Portfolio S&P 500 ETF in the fourth quarter valued at $39,000. Finally, Basso Capital Management L.P. bought a new stake in SPDR Portfolio S&P 500 ETF in the fourth quarter worth $40,000.

SPDR Portfolio S&P 500 ETF Stock Down 0.3 %

Shares of NYSEARCA:SPLG opened at $66.91 on Friday. The firm has a fifty day simple moving average of $69.38 and a two-hundred day simple moving average of $69.02. The stock has a market capitalization of $56.15 billion, a P/E ratio of 24.69 and a beta of 1.01. SPDR Portfolio S&P 500 ETF has a 52 week low of $58.09 and a 52 week high of $72.14.

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.