N.E.W. Advisory Services LLC Sells 179,536 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

N.E.W. Advisory Services LLC lowered its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 12.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,240,982 shares of the company’s stock after selling 179,536 shares during the quarter. SPDR Portfolio S&P 500 ETF comprises about 8.6% of N.E.W. Advisory Services LLC’s portfolio, making the stock its 2nd biggest holding. N.E.W. Advisory Services LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $79,423,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Westwind Capital bought a new stake in shares of SPDR Portfolio S&P 500 ETF during the 2nd quarter worth about $26,000. Evensky & Katz LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF during the first quarter valued at approximately $27,000. Harbor Investment Advisory LLC raised its holdings in SPDR Portfolio S&P 500 ETF by 76.6% during the first quarter. Harbor Investment Advisory LLC now owns 641 shares of the company’s stock worth $39,000 after purchasing an additional 278 shares in the last quarter. ESL Trust Services LLC acquired a new stake in SPDR Portfolio S&P 500 ETF in the first quarter worth approximately $40,000. Finally, ORG Partners LLC bought a new position in SPDR Portfolio S&P 500 ETF during the 2nd quarter valued at $41,000.

SPDR Portfolio S&P 500 ETF Stock Performance

SPLG opened at $64.64 on Friday. The company has a market capitalization of $37.69 billion, a PE ratio of 26.64 and a beta of 1.00. The stock’s fifty day moving average is $64.64 and its 200-day moving average is $62.37. SPDR Portfolio S&P 500 ETF has a one year low of $48.13 and a one year high of $66.47.

SPDR Portfolio S&P 500 ETF Company 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.