United Asset Strategies Inc. Has $13.90 Million Stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

United Asset Strategies Inc. reduced its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 1.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 201,623 shares of the company’s stock after selling 3,295 shares during the quarter. SPDR Portfolio S&P 500 ETF makes up 1.3% of United Asset Strategies Inc.’s portfolio, making the stock its 24th largest holding. United Asset Strategies Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $13,900,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Cornerstone Wealth Group LLC boosted its position in shares of SPDR Portfolio S&P 500 ETF by 199.3% during the 4th quarter. Cornerstone Wealth Group LLC now owns 41,886 shares of the company’s stock valued at $2,888,000 after acquiring an additional 27,892 shares in the last quarter. Kingswood Wealth Advisors LLC boosted its holdings in SPDR Portfolio S&P 500 ETF by 1.3% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 23,898 shares of the company’s stock valued at $1,648,000 after purchasing an additional 317 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its stake in shares of SPDR Portfolio S&P 500 ETF by 5.7% in the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 5,917 shares of the company’s stock valued at $408,000 after purchasing an additional 320 shares during the period. Petix & Botte Co bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the 4th quarter valued at approximately $17,846,000. Finally, Summit Investment Advisory Services LLC raised its holdings in shares of SPDR Portfolio S&P 500 ETF by 43.4% in the 4th quarter. Summit Investment Advisory Services LLC now owns 12,695 shares of the company’s stock worth $875,000 after buying an additional 3,840 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of SPLG stock opened at $71.51 on Monday. The stock’s fifty day simple moving average is $70.20 and its 200 day simple moving average is $67.65. SPDR Portfolio S&P 500 ETF has a one year low of $56.80 and a one year high of $71.85. The firm has a market cap of $41.70 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00.

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.