Maia Wealth LLC Has $29.11 Million Stock Position in SPDR Portfolio S&P 500 ETF $SPLG

Maia Wealth LLC reduced its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 2.9% in the third quarter, HoldingsChannel reports. The institutional investor owned 363,171 shares of the company’s stock after selling 10,718 shares during the period. SPDR Portfolio S&P 500 ETF makes up about 4.9% of Maia Wealth LLC’s holdings, making the stock its largest holding. Maia Wealth LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $29,112,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Clearstead Trust LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF during the second quarter worth $30,000. Center for Financial Planning Inc. purchased a new position in SPDR Portfolio S&P 500 ETF during the third quarter valued at $37,000. Heritage Wealth Advisors bought a new stake in SPDR Portfolio S&P 500 ETF in the 3rd quarter valued at $38,000. GAMMA Investing LLC bought a new stake in SPDR Portfolio S&P 500 ETF in the 3rd quarter valued at $40,000. Finally, Wealth Watch Advisors INC purchased a new stake in SPDR Portfolio S&P 500 ETF in the 3rd quarter worth $43,000.

SPDR Portfolio S&P 500 ETF Stock Down 1.5%

Shares of SPLG stock opened at $78.38 on Friday. The company’s fifty day simple moving average is $80.83 and its two-hundred day simple moving average is $79.57. SPDR Portfolio S&P 500 ETF has a 52 week low of $56.67 and a 52 week high of $81.14. The stock has a market cap of $93.28 billion, a P/E ratio of 25.61 and a beta of 1.00.

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.