Mutual Advisors LLC Reduces Holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Mutual Advisors LLC decreased its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 1.4% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 220,143 shares of the company’s stock after selling 3,088 shares during the quarter. Mutual Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $14,998,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Miracle Mile Advisors LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF during the first quarter valued at approximately $272,000. SeaCrest Wealth Management LLC bought a new stake in SPDR Portfolio S&P 500 ETF in the first quarter worth $204,000. Cornerstone Wealth Management LLC increased its position in SPDR Portfolio S&P 500 ETF by 0.3% in the first quarter. Cornerstone Wealth Management LLC now owns 541,593 shares of the company’s stock worth $33,324,000 after purchasing an additional 1,504 shares during the last quarter. First Trust Direct Indexing L.P. increased its position in SPDR Portfolio S&P 500 ETF by 12.2% during the first quarter. First Trust Direct Indexing L.P. now owns 36,657 shares of the company’s stock valued at $2,255,000 after acquiring an additional 3,982 shares during the last quarter. Finally, Tempus Wealth Planning LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF by 250.3% in the first quarter. Tempus Wealth Planning LLC now owns 15,100 shares of the company’s stock valued at $929,000 after acquiring an additional 10,789 shares during the period.

SPDR Portfolio S&P 500 ETF Price Performance

SPDR Portfolio S&P 500 ETF stock opened at $68.43 on Wednesday. SPDR Portfolio S&P 500 ETF has a 1-year low of $48.47 and a 1-year high of $68.93. The firm has a market capitalization of $39.90 billion, a P/E ratio of 26.64 and a beta of 1.00. The company’s 50-day moving average is $66.80 and its 200 day moving average is $64.20.

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.