SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Shares Sold by Acorn Financial Advisory Services Inc. ADV

Acorn Financial Advisory Services Inc. ADV lessened its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 3.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 141,428 shares of the company’s stock after selling 4,468 shares during the period. SPDR Portfolio S&P 500 ETF makes up 1.7% of Acorn Financial Advisory Services Inc. ADV’s holdings, making the stock its 13th biggest position. Acorn Financial Advisory Services Inc. ADV’s holdings in SPDR Portfolio S&P 500 ETF were worth $9,548,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. LPL Financial LLC raised its holdings in shares of SPDR Portfolio S&P 500 ETF by 8.0% during the 2nd quarter. LPL Financial LLC now owns 32,127,760 shares of the company’s stock worth $2,056,177,000 after acquiring an additional 2,389,144 shares during the period. Creative Planning lifted its stake in SPDR Portfolio S&P 500 ETF by 3.2% during the third quarter. Creative Planning now owns 29,491,836 shares of the company’s stock worth $1,990,994,000 after purchasing an additional 915,823 shares during the last quarter. Advance Capital Management Inc. boosted its holdings in shares of SPDR Portfolio S&P 500 ETF by 3.1% in the 2nd quarter. Advance Capital Management Inc. now owns 13,569,767 shares of the company’s stock valued at $868,465,000 after buying an additional 402,001 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 13.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 10,281,461 shares of the company’s stock valued at $658,014,000 after purchasing an additional 1,232,825 shares during the last quarter. Finally, Sumitomo Life Insurance Co. boosted its holdings in shares of SPDR Portfolio S&P 500 ETF by 50.1% in the third quarter. Sumitomo Life Insurance Co. now owns 7,642,600 shares of the company’s stock valued at $515,952,000 after acquiring an additional 2,550,000 shares during the period.

SPDR Portfolio S&P 500 ETF Stock Performance

SPDR Portfolio S&P 500 ETF stock traded up $0.31 during mid-day trading on Friday, reaching $70.37. 5,403,282 shares of the company were exchanged, compared to its average volume of 7,138,657. The firm has a market cap of $41.04 billion, a PE ratio of 26.64 and a beta of 1.00. The firm’s 50-day simple moving average is $67.20 and its two-hundred day simple moving average is $64.66. SPDR Portfolio S&P 500 ETF has a twelve month low of $50.97 and a twelve month high of $70.53.

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.