Michael S. Ryan Inc. Trims Stock Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Michael S. Ryan Inc. lessened its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 1.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 174,301 shares of the company’s stock after selling 2,737 shares during the quarter. SPDR Portfolio S&P 500 ETF accounts for approximately 8.2% of Michael S. Ryan Inc.’s holdings, making the stock its 5th largest holding. Michael S. Ryan Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $12,016,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. LPL Financial LLC raised its position in shares of SPDR Portfolio S&P 500 ETF by 8.0% during the second quarter. LPL Financial LLC now owns 32,127,760 shares of the company’s stock worth $2,056,177,000 after purchasing an additional 2,389,144 shares during the period. Creative Planning raised its holdings in SPDR Portfolio S&P 500 ETF by 3.2% during the 3rd quarter. Creative Planning now owns 29,491,836 shares of the company’s stock worth $1,990,994,000 after buying an additional 915,823 shares during the period. Envestnet Asset Management Inc. lifted its stake in SPDR Portfolio S&P 500 ETF by 13.6% in the second quarter. Envestnet Asset Management Inc. now owns 10,281,461 shares of the company’s stock valued at $658,014,000 after buying an additional 1,232,825 shares in the last quarter. 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 buying an additional 2,550,000 shares during the period. Finally, National Mutual Insurance Federation of Agricultural Cooperatives increased its position in shares of SPDR Portfolio S&P 500 ETF by 154.4% during the third quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 7,555,000 shares of the company’s stock worth $510,038,000 after acquiring an additional 4,585,000 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Up 0.1 %

SPLG traded up $0.06 during trading on Wednesday, hitting $69.33. The company had a trading volume of 8,735,667 shares, compared to its average volume of 8,007,914. The firm’s 50-day moving average price is $69.95 and its 200 day moving average price is $67.17. The company has a market capitalization of $40.43 billion, a PE ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a one year low of $55.26 and a one year high of $71.64.

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.