Raleigh Capital Management Inc. Cuts Stock Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Raleigh Capital Management Inc. decreased its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 2.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,906 shares of the company’s stock after selling 222 shares during the period. Raleigh Capital Management Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $545,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SPLG. Summit Financial Strategies Inc. increased its stake in shares of SPDR Portfolio S&P 500 ETF by 1.8% in the third quarter. Summit Financial Strategies Inc. now owns 8,790 shares of the company’s stock worth $593,000 after acquiring an additional 155 shares during the period. My Personal CFO LLC lifted its holdings in SPDR Portfolio S&P 500 ETF by 0.5% during the third quarter. My Personal CFO LLC now owns 30,906 shares of the company’s stock valued at $2,086,000 after purchasing an additional 158 shares in the last quarter. Sigma Planning Corp lifted its holdings in SPDR Portfolio S&P 500 ETF by 0.7% during the third quarter. Sigma Planning Corp now owns 24,240 shares of the company’s stock valued at $1,636,000 after purchasing an additional 170 shares in the last quarter. Invst LLC lifted its holdings in SPDR Portfolio S&P 500 ETF by 1.5% during the second quarter. Invst LLC now owns 11,961 shares of the company’s stock valued at $767,000 after purchasing an additional 172 shares in the last quarter. Finally, Main Street Financial Solutions LLC lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 4.9% in the third quarter. Main Street Financial Solutions LLC now owns 3,746 shares of the company’s stock worth $253,000 after buying an additional 175 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Trading Up 0.6 %

NYSEARCA:SPLG opened at $71.34 on Thursday. The company’s 50-day moving average price is $70.09 and its 200-day moving average price is $67.52. The company has a market cap of $41.60 billion, a P/E ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a twelve month low of $56.80 and a twelve month high of $71.64.

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.