Investments & Financial Planning LLC Sells 1,142 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Investments & Financial Planning LLC reduced its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 8.3% in the third quarter, Holdings Channel reports. The firm owned 12,678 shares of the company’s stock after selling 1,142 shares during the quarter. SPDR Portfolio S&P 500 ETF accounts for 0.5% of Investments & Financial Planning LLC’s holdings, making the stock its 16th biggest holding. Investments & Financial Planning LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $856,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of SPLG. MN Wealth Advisors LLC grew its stake in shares of SPDR Portfolio S&P 500 ETF by 18.6% in the third quarter. MN Wealth Advisors LLC now owns 27,909 shares of the company’s stock worth $1,884,000 after acquiring an additional 4,377 shares during the period. CCG Wealth Management LLC grew its stake in shares of SPDR Portfolio S&P 500 ETF by 1.8% in the third quarter. CCG Wealth Management LLC now owns 670,041 shares of the company’s stock worth $45,234,000 after acquiring an additional 11,882 shares during the period. ERn Financial LLC grew its stake in shares of SPDR Portfolio S&P 500 ETF by 2.7% in the third quarter. ERn Financial LLC now owns 66,817 shares of the company’s stock worth $4,511,000 after acquiring an additional 1,775 shares during the period. PFG Advisors grew its stake in shares of SPDR Portfolio S&P 500 ETF by 8.2% in the third quarter. PFG Advisors now owns 132,016 shares of the company’s stock worth $8,912,000 after acquiring an additional 10,058 shares during the period. Finally, Hutchens & Kramer Investment Management Group LLC grew its stake in shares of SPDR Portfolio S&P 500 ETF by 178.1% in the third quarter. Hutchens & Kramer Investment Management Group LLC now owns 14,405 shares of the company’s stock worth $963,000 after acquiring an additional 9,225 shares during the period.

SPDR Portfolio S&P 500 ETF Stock Down 0.8 %

Shares of SPLG stock opened at $68.19 on Wednesday. The company has a 50 day moving average price of $65.88 and a 200-day moving average price of $63.67. SPDR Portfolio S&P 500 ETF has a 52 week low of $48.13 and a 52 week high of $68.83. The firm has a market capitalization of $39.76 billion, a PE 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.