WealthPLAN Partners LLC Trims Stock Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

WealthPLAN Partners LLC lessened its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 11.3% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 97,214 shares of the company’s stock after selling 12,382 shares during the period. SPDR Portfolio S&P 500 ETF comprises 0.9% of WealthPLAN Partners LLC’s investment portfolio, making the stock its 27th biggest position. WealthPLAN Partners LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $6,563,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of SPLG. Westwind Capital acquired a new position in SPDR Portfolio S&P 500 ETF in the second quarter valued at approximately $26,000. Blue Trust Inc. purchased a new stake in SPDR Portfolio S&P 500 ETF during the third quarter worth $31,000. ORG Wealth Partners LLC acquired a new stake in SPDR Portfolio S&P 500 ETF during the third quarter valued at $33,000. Highline Wealth Partners LLC purchased a new position in SPDR Portfolio S&P 500 ETF in the third quarter valued at $36,000. Finally, ESL Trust Services LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF in the first quarter worth about $40,000.

SPDR Portfolio S&P 500 ETF Stock Up 0.1 %

NYSEARCA:SPLG opened at $70.43 on Tuesday. SPDR Portfolio S&P 500 ETF has a 52 week low of $51.56 and a 52 week high of $70.59. The stock’s 50-day moving average price is $67.20 and its 200-day moving average price is $64.73. The stock has a market capitalization of $41.07 billion, a PE 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.