Richard W. Paul & Associates LLC Cuts Stock Holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Richard W. Paul & Associates LLC reduced its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 7.4% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 22,434 shares of the company’s stock after selling 1,780 shares during the period. Richard W. Paul & Associates LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,515,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SPLG. Massmutual Trust Co. FSB ADV lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 10.4% during the first quarter. Massmutual Trust Co. FSB ADV now owns 3,084 shares of the company’s stock valued at $190,000 after purchasing an additional 290 shares in the last quarter. &PARTNERS bought a new position in SPDR Portfolio S&P 500 ETF during the 1st quarter valued at about $489,000. Lbmc Investment Advisors LLC grew its stake in shares of SPDR Portfolio S&P 500 ETF by 8.9% in the first quarter. Lbmc Investment Advisors LLC now owns 15,674 shares of the company’s stock worth $964,000 after acquiring an additional 1,285 shares during the period. AdvisorNet Financial Inc raised its holdings in shares of SPDR Portfolio S&P 500 ETF by 32.4% during the first quarter. AdvisorNet Financial Inc now owns 429,339 shares of the company’s stock valued at $26,417,000 after purchasing an additional 104,979 shares during the last quarter. Finally, Harbor Investment Advisory LLC lifted its position 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 purchasing an additional 278 shares during the period.

SPDR Portfolio S&P 500 ETF Trading Up 0.4 %

NYSEARCA:SPLG opened at $68.75 on Friday. The company has a market cap of $40.09 billion, a PE ratio of 26.64 and a beta of 1.00. The company has a 50 day simple moving average of $66.28 and a two-hundred day simple moving average of $63.79. SPDR Portfolio S&P 500 ETF has a 12 month low of $48.13 and a 12 month high of $68.93.

SPDR Portfolio S&P 500 ETF Company 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.