Strategic Investment Advisors MI Cuts Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Strategic Investment Advisors MI cut its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 5.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,697 shares of the company’s stock after selling 845 shares during the quarter. Strategic Investment Advisors MI’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,013,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in SPLG. Creative Planning grew its stake in SPDR Portfolio S&P 500 ETF by 3.2% during the 3rd quarter. Creative Planning now owns 29,491,836 shares of the company’s stock worth $1,990,994,000 after buying an additional 915,823 shares during the last quarter. Sumitomo Life Insurance Co. grew its stake in SPDR Portfolio S&P 500 ETF by 50.1% during the 3rd quarter. Sumitomo Life Insurance Co. now owns 7,642,600 shares of the company’s stock worth $515,952,000 after buying an additional 2,550,000 shares during the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives grew its stake in SPDR Portfolio S&P 500 ETF by 154.4% during the 3rd quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 7,555,000 shares of the company’s stock worth $510,038,000 after buying an additional 4,585,000 shares during the last quarter. CWM LLC grew its stake in SPDR Portfolio S&P 500 ETF by 8.2% during the 3rd quarter. CWM LLC now owns 7,213,673 shares of the company’s stock worth $486,995,000 after buying an additional 547,989 shares during the last quarter. Finally, Gradient Investments LLC grew its stake in SPDR Portfolio S&P 500 ETF by 44.3% during the 4th quarter. Gradient Investments LLC now owns 4,755,325 shares of the company’s stock worth $327,832,000 after buying an additional 1,460,710 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of SPLG stock opened at $71.51 on Monday. SPDR Portfolio S&P 500 ETF has a 1-year low of $56.80 and a 1-year high of $71.85. The stock’s fifty day moving average price is $70.20 and its 200 day moving average price is $67.65. The company 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.