TCP Asset Management LLC Reduces Stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

TCP Asset Management LLC lowered its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 10.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,785 shares of the company’s stock after selling 2,217 shares during the period. TCP Asset Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,217,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of SPLG. Stifel Financial Corp boosted its position in shares of SPDR Portfolio S&P 500 ETF by 8.0% during the third quarter. Stifel Financial Corp now owns 124,343 shares of the company’s stock valued at $6,249,000 after buying an additional 9,166 shares during the period. Natixis Advisors L.P. bought a new stake in shares of SPDR Portfolio S&P 500 ETF during the third quarter valued at approximately $815,000. O Shaughnessy Asset Management LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF by 190.5% during the third quarter. O Shaughnessy Asset Management LLC now owns 4,619 shares of the company’s stock valued at $232,000 after acquiring an additional 3,029 shares in the last quarter. Ancora Advisors LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF by 1,621.5% during the third quarter. Ancora Advisors LLC now owns 6,955 shares of the company’s stock valued at $350,000 after acquiring an additional 6,551 shares in the last quarter. Finally, Axxcess Wealth Management LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF by 234.3% during the third quarter. Axxcess Wealth Management LLC now owns 39,369 shares of the company’s stock valued at $1,979,000 after acquiring an additional 27,592 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Trading Up 0.4 %

Shares of SPDR Portfolio S&P 500 ETF stock traded up $0.28 on Wednesday, hitting $64.86. 2,845,466 shares of the company traded hands, compared to its average volume of 7,656,597. The stock’s 50 day moving average price is $62.37 and its 200-day moving average price is $59.87. SPDR Portfolio S&P 500 ETF has a 52 week low of $48.13 and a 52 week high of $64.90. The company has a market cap of $37.82 billion, a PE ratio of 26.64 and a beta of 1.00.

SPDR Portfolio S&P 500 ETF 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.