SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Shares Sold by KWB Wealth

KWB Wealth lessened its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 14.8% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,373,577 shares of the company’s stock after selling 239,350 shares during the quarter. SPDR Portfolio S&P 500 ETF accounts for about 11.4% of KWB Wealth’s investment portfolio, making the stock its 2nd largest holding. KWB Wealth’s holdings in SPDR Portfolio S&P 500 ETF were worth $84,516,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SPLG. Advance Capital Management Inc. grew its position in SPDR Portfolio S&P 500 ETF by 121.0% in the first quarter. Advance Capital Management Inc. now owns 13,167,766 shares of the company’s stock valued at $810,213,000 after acquiring an additional 7,210,793 shares in the last quarter. Envestnet Asset Management Inc. grew its position in SPDR Portfolio S&P 500 ETF by 94.4% in the fourth quarter. Envestnet Asset Management Inc. now owns 8,405,094 shares of the company’s stock valued at $469,845,000 after acquiring an additional 4,080,428 shares in the last quarter. Advocacy Wealth Management Services LLC grew its position in SPDR Portfolio S&P 500 ETF by 168.5% in the first quarter. Advocacy Wealth Management Services LLC now owns 5,324,315 shares of the company’s stock valued at $327,605,000 after acquiring an additional 3,341,587 shares in the last quarter. JPMorgan Chase & Co. grew its position in SPDR Portfolio S&P 500 ETF by 30.6% in the third quarter. JPMorgan Chase & Co. now owns 10,044,571 shares of the company’s stock valued at $504,862,000 after acquiring an additional 2,351,596 shares in the last quarter. Finally, 1900 Wealth Management LLC grew its position in SPDR Portfolio S&P 500 ETF by 1,777.1% in the fourth quarter. 1900 Wealth Management LLC now owns 2,432,652 shares of the company’s stock valued at $135,985,000 after acquiring an additional 2,303,056 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Up 0.4 %

Shares of SPDR Portfolio S&P 500 ETF stock traded up $0.28 on Thursday, hitting $64.86. 2,845,673 shares of the company’s stock traded hands, compared to its average volume of 7,656,597. The stock has a market cap of $37.82 billion, a P/E ratio of 26.64 and a beta of 1.00. The firm’s 50-day moving average is $62.48 and its 200 day moving average is $59.90. SPDR Portfolio S&P 500 ETF has a 52-week low of $48.13 and a 52-week high of $64.90.

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.