Investments & Financial Planning LLC Sells 580 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Investments & Financial Planning LLC lessened its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 3.8% in the 1st quarter, Holdings Channel.com reports. The firm owned 14,626 shares of the company’s stock after selling 580 shares during the quarter. SPDR Portfolio S&P 500 ETF makes up about 0.6% of Investments & Financial Planning LLC’s holdings, making the stock its 15th largest holding. Investments & Financial Planning LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $900,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of SPLG. O Shaughnessy Asset Management LLC lifted its position in shares of SPDR Portfolio S&P 500 ETF by 190.5% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 4,619 shares of the company’s stock worth $232,000 after purchasing an additional 3,029 shares during the period. Royal Bank of Canada lifted its position in SPDR Portfolio S&P 500 ETF by 23.9% during the third quarter. Royal Bank of Canada now owns 837,854 shares of the company’s stock valued at $42,110,000 after acquiring an additional 161,358 shares during the last quarter. Invst LLC lifted its position in SPDR Portfolio S&P 500 ETF by 13.1% during the third quarter. Invst LLC now owns 8,459 shares of the company’s stock valued at $425,000 after acquiring an additional 978 shares during the last quarter. American Century Companies Inc. lifted its position in SPDR Portfolio S&P 500 ETF by 8.6% during the third quarter. American Century Companies Inc. now owns 264,700 shares of the company’s stock valued at $13,304,000 after acquiring an additional 21,000 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. lifted its position in SPDR Portfolio S&P 500 ETF by 48.0% during the third quarter. B. Riley Wealth Advisors Inc. now owns 28,120 shares of the company’s stock valued at $1,413,000 after acquiring an additional 9,124 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

NYSEARCA:SPLG traded up $0.62 during midday trading on Wednesday, reaching $65.99. 5,524,134 shares of the stock traded hands, compared to its average volume of 7,570,188. SPDR Portfolio S&P 500 ETF has a 12-month low of $48.13 and a 12-month high of $66.05. The business has a 50-day moving average of $62.96 and a two-hundred day moving average of $60.21. The stock has a market capitalization of $38.48 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.