Concord Wealth Partners Trims Stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Concord Wealth Partners trimmed its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 3.0% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 17,233 shares of the company’s stock after selling 540 shares during the quarter. Concord Wealth Partners’ holdings in SPDR Portfolio S&P 500 ETF were worth $1,188,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Blue Trust Inc. bought a new position in SPDR Portfolio S&P 500 ETF during the 3rd quarter worth about $31,000. ORG Wealth Partners LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF in the 3rd quarter worth approximately $33,000. Highline Wealth Partners LLC purchased a new position in SPDR Portfolio S&P 500 ETF during the third quarter valued at approximately $36,000. West Branch Capital LLC purchased a new position in SPDR Portfolio S&P 500 ETF during the fourth quarter valued at approximately $41,000. Finally, Decker Retirement Planning Inc. bought a new position in SPDR Portfolio S&P 500 ETF in the fourth quarter worth approximately $43,000.

SPDR Portfolio S&P 500 ETF Trading Down 0.5 %

Shares of NYSEARCA SPLG opened at $70.80 on Friday. The stock has a market capitalization of $41.29 billion, a PE ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 12-month low of $56.80 and a 12-month high of $71.85. The stock’s fifty day simple moving average is $70.31 and its two-hundred day simple moving average is $67.77.

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.