GenWealth Group Inc. Trims Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

GenWealth Group Inc. trimmed its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 2.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 165,253 shares of the company’s stock after selling 3,329 shares during the period. SPDR Portfolio S&P 500 ETF comprises 2.6% of GenWealth Group Inc.’s holdings, making the stock its 14th biggest holding. GenWealth Group Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $11,393,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. Wealth Alliance grew its stake in SPDR Portfolio S&P 500 ETF by 8.3% in the second quarter. Wealth Alliance now owns 3,556 shares of the company’s stock worth $228,000 after purchasing an additional 274 shares in the last quarter. Brighton Jones LLC raised its holdings in shares of SPDR Portfolio S&P 500 ETF by 2.9% in the second quarter. Brighton Jones LLC now owns 6,530 shares of the company’s stock valued at $418,000 after acquiring an additional 181 shares in the last quarter. Thrivent Financial for Lutherans raised its holdings in shares of SPDR Portfolio S&P 500 ETF by 0.7% in the second quarter. Thrivent Financial for Lutherans now owns 645,264 shares of the company’s stock valued at $41,297,000 after acquiring an additional 4,544 shares in the last quarter. Capstone Triton Financial Group LLC lifted its stake in SPDR Portfolio S&P 500 ETF by 2.8% in the second quarter. Capstone Triton Financial Group LLC now owns 51,089 shares of the company’s stock worth $3,270,000 after acquiring an additional 1,379 shares during the period. Finally, Arista Wealth Management LLC grew its holdings in SPDR Portfolio S&P 500 ETF by 67.4% during the 2nd quarter. Arista Wealth Management LLC now owns 36,533 shares of the company’s stock worth $2,338,000 after acquiring an additional 14,715 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

NYSEARCA SPLG opened at $70.29 on Friday. The company’s 50-day simple moving average is $70.08 and its two-hundred day simple moving average is $67.43. SPDR Portfolio S&P 500 ETF has a one year low of $55.56 and a one year high of $71.64. The company has a market capitalization of $40.99 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.