Moors & Cabot Inc. Has $1.34 Million Stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Moors & Cabot Inc. lowered its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 1.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,912 shares of the company’s stock after selling 314 shares during the quarter. Moors & Cabot Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,344,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the stock. Darwin Wealth Management LLC bought a new position in SPDR Portfolio S&P 500 ETF in the third quarter valued at approximately $157,000. Strategy Asset Managers LLC acquired a new position in SPDR Portfolio S&P 500 ETF during the third quarter worth about $851,000. PNC Financial Services Group Inc. lifted its stake in SPDR Portfolio S&P 500 ETF by 4.4% in the 3rd quarter. PNC Financial Services Group Inc. now owns 348,800 shares of the company’s stock valued at $23,548,000 after purchasing an additional 14,799 shares during the last quarter. BIP Wealth LLC boosted its position in SPDR Portfolio S&P 500 ETF by 11.2% in the third quarter. BIP Wealth LLC now owns 51,988 shares of the company’s stock valued at $3,510,000 after buying an additional 5,236 shares in the last quarter. Finally, Schwallier Wealth Management LLC grew its stake in shares of SPDR Portfolio S&P 500 ETF by 3.2% during the third quarter. Schwallier Wealth Management LLC now owns 27,596 shares of the company’s stock worth $1,863,000 after buying an additional 844 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPLG opened at $69.83 on Friday. The stock has a fifty day moving average of $67.99 and a 200-day moving average of $65.27. SPDR Portfolio S&P 500 ETF has a 52 week low of $53.31 and a 52 week high of $70.59. The stock has a market capitalization of $40.72 billion, a price-to-earnings 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.