EverSource Wealth Advisors LLC Decreases Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

EverSource Wealth Advisors LLC cut its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 10.7% in the 1st quarter, Holdings Channel reports. The institutional investor owned 10,828 shares of the company’s stock after selling 1,303 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $639,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the company. Evensky & Katz LLC bought a new position in SPDR Portfolio S&P 500 ETF during the first quarter valued at approximately $27,000. Tower View Wealth Management LLC increased its holdings in SPDR Portfolio S&P 500 ETF by 416.8% during the fourth quarter. Tower View Wealth Management LLC now owns 615 shares of the company’s stock valued at $34,000 after buying an additional 496 shares during the last quarter. Rakuten Securities Inc. purchased a new stake in SPDR Portfolio S&P 500 ETF during the fourth quarter valued at approximately $35,000. Harbor Investment Advisory LLC increased its holdings in SPDR Portfolio S&P 500 ETF by 76.6% during the first quarter. Harbor Investment Advisory LLC now owns 641 shares of the company’s stock valued at $39,000 after buying an additional 278 shares during the last quarter. Finally, ESL Trust Services LLC purchased a new stake in SPDR Portfolio S&P 500 ETF during the first quarter valued at approximately $40,000.

SPDR Portfolio S&P 500 ETF Trading Down 1.8 %

SPLG stock traded down $1.17 during midday trading on Friday, reaching $62.69. 9,757,080 shares of the company’s stock traded hands, compared to its average volume of 7,412,989. SPDR Portfolio S&P 500 ETF has a 52-week low of $48.13 and a 52-week high of $66.47. The stock has a market cap of $36.56 billion, a P/E ratio of 26.64 and a beta of 1.00. The stock’s 50-day moving average is $64.04 and its 200 day moving average is $61.23.

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.