Narus Financial Partners LLC Sells 383 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Narus Financial Partners LLC lessened its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 1.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 24,788 shares of the company’s stock after selling 383 shares during the period. Narus Financial Partners LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,525,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Evensky & Katz LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF in the 1st quarter worth approximately $27,000. Tsfg LLC lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 255.5% during the 4th quarter. Tsfg LLC now owns 551 shares of the company’s stock valued at $31,000 after buying an additional 396 shares during the period. Chilton Capital Management LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF during the 4th quarter valued at $31,000. Tower View Wealth Management LLC lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 416.8% during the 4th quarter. Tower View Wealth Management LLC now owns 615 shares of the company’s stock valued at $34,000 after buying an additional 496 shares during the period. Finally, Rakuten Securities Inc. purchased a new position in SPDR Portfolio S&P 500 ETF during the fourth quarter valued at $35,000.

SPDR Portfolio S&P 500 ETF Trading Up 0.3 %

NYSEARCA SPLG traded up $0.17 on Tuesday, hitting $64.31. 4,052,202 shares of the company traded hands, compared to its average volume of 7,672,435. The business’s 50 day moving average price is $62.16 and its 200-day moving average price is $59.77. The company has a market capitalization of $37.50 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 52-week low of $48.13 and a 52-week high of $64.72.

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.