Source Financial Advisors LLC Sells 600 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Source Financial Advisors LLC trimmed its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 6.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,023 shares of the company’s stock after selling 600 shares during the quarter. Source Financial Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $609,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Westwind Capital bought a new position in SPDR Portfolio S&P 500 ETF during the 2nd quarter worth approximately $26,000. Blue Trust Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 ETF during the third quarter worth $31,000. ORG Wealth Partners LLC bought a new position in SPDR Portfolio S&P 500 ETF during the third quarter worth $33,000. Highline Wealth Partners LLC acquired a new position in SPDR Portfolio S&P 500 ETF in the third quarter valued at $36,000. Finally, ESL Trust Services LLC bought a new stake in SPDR Portfolio S&P 500 ETF during the first quarter valued at $40,000.

SPDR Portfolio S&P 500 ETF Trading Up 0.4 %

Shares of SPDR Portfolio S&P 500 ETF stock opened at $70.37 on Friday. The business has a 50-day moving average price of $67.20 and a two-hundred day moving average price of $64.66. SPDR Portfolio S&P 500 ETF has a 1-year low of $50.97 and a 1-year high of $70.53. The company has a market cap of $41.04 billion, a P/E 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.