SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Shares Sold by Spectrum Planning & Advisory Services Inc.

Spectrum Planning & Advisory Services Inc. lowered its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 19.0% in the first quarter, Holdings Channel reports. The firm owned 220,538 shares of the company’s stock after selling 51,649 shares during the period. SPDR Portfolio S&P 500 ETF accounts for 12.1% of Spectrum Planning & Advisory Services Inc.’s investment portfolio, making the stock its biggest holding. Spectrum Planning & Advisory Services Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $14,503,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Jones Financial Companies Lllp lifted its stake in SPDR Portfolio S&P 500 ETF by 14,332.4% in the fourth quarter. Jones Financial Companies Lllp now owns 15,584,437 shares of the company’s stock valued at $1,074,391,000 after buying an additional 15,476,455 shares in the last quarter. Raymond James Financial Inc. bought a new position in SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $269,842,000. LPL Financial LLC lifted its stake in SPDR Portfolio S&P 500 ETF by 10.4% in the fourth quarter. LPL Financial LLC now owns 39,316,849 shares of the company’s stock valued at $2,710,503,000 after buying an additional 3,697,646 shares in the last quarter. NorthRock Partners LLC bought a new position in SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $222,015,000. Finally, Independent Advisor Alliance lifted its stake in SPDR Portfolio S&P 500 ETF by 2,019.1% in the fourth quarter. Independent Advisor Alliance now owns 3,066,946 shares of the company’s stock valued at $211,435,000 after buying an additional 2,922,219 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPLG opened at $70.11 on Friday. SPDR Portfolio S&P 500 ETF has a twelve month low of $56.67 and a twelve month high of $72.14. The firm’s 50 day moving average price is $67.54 and its two-hundred day moving average price is $68.29. The firm has a market cap of $68.14 billion, a P/E ratio of 24.62 and a beta of 1.01.

SPDR Portfolio S&P 500 ETF 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.