Theory Financial LLC reduced its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG – Free Report) by 3.1% during the third quarter, Holdings Channel.com reports. The institutional investor owned 122,570 shares of the company’s stock after selling 3,933 shares during the period. SPDR Portfolio S&P 500 ETF comprises 3.1% of Theory Financial LLC’s investment portfolio, making the stock its 7th biggest holding. Theory Financial LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $8,197,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Westwind Capital bought a new stake in SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at about $26,000. ORG Wealth Partners LLC bought a new stake in SPDR Portfolio S&P 500 ETF in the 3rd quarter valued at about $33,000. Blue Trust Inc. bought a new stake in SPDR Portfolio S&P 500 ETF in the 3rd quarter valued at about $31,000. Highline Wealth Partners LLC bought a new stake in SPDR Portfolio S&P 500 ETF in the 3rd quarter valued at about $36,000. Finally, ORG Partners LLC bought a new stake in SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at about $41,000.
SPDR Portfolio S&P 500 ETF Stock Performance
Shares of SPDR Portfolio S&P 500 ETF stock opened at $68.89 on Monday. SPDR Portfolio S&P 500 ETF has a 52-week low of $52.69 and a 52-week high of $70.59. The stock’s 50-day simple moving average is $67.71 and its 200 day simple moving average is $65.06. The stock has a market capitalization of $40.17 billion, a P/E ratio of 26.64 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.
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Want to see what other hedge funds are holding SPLG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG – Free Report).
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