Mutual Advisors LLC Cuts Holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Mutual Advisors LLC cut its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 6.4% during the fourth quarter, HoldingsChannel reports. The firm owned 206,100 shares of the company’s stock after selling 14,043 shares during the quarter. Mutual Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $14,345,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Creative Planning raised its holdings in SPDR Portfolio S&P 500 ETF by 3.2% during the third quarter. Creative Planning now owns 29,491,836 shares of the company’s stock worth $1,990,994,000 after purchasing an additional 915,823 shares in the last quarter. Sumitomo Life Insurance Co. boosted its holdings in shares of SPDR Portfolio S&P 500 ETF by 50.1% in the third quarter. Sumitomo Life Insurance Co. now owns 7,642,600 shares of the company’s stock valued at $515,952,000 after acquiring an additional 2,550,000 shares during the period. National Mutual Insurance Federation of Agricultural Cooperatives raised its position in SPDR Portfolio S&P 500 ETF by 154.4% in the 3rd quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 7,555,000 shares of the company’s stock valued at $510,038,000 after purchasing an additional 4,585,000 shares during the last quarter. CWM LLC grew its position in SPDR Portfolio S&P 500 ETF by 8.2% during the 3rd quarter. CWM LLC now owns 7,213,673 shares of the company’s stock worth $486,995,000 after purchasing an additional 547,989 shares during the last quarter. Finally, The Manufacturers Life Insurance Company raised its stake in SPDR Portfolio S&P 500 ETF by 2.5% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 3,962,906 shares of the company’s stock valued at $267,536,000 after acquiring an additional 96,930 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of NYSEARCA SPLG opened at $71.34 on Thursday. The company has a market cap of $41.60 billion, a PE ratio of 26.64 and a beta of 1.00. The stock has a fifty day moving average price of $70.09 and a 200 day moving average price of $67.52. SPDR Portfolio S&P 500 ETF has a 1-year low of $56.80 and a 1-year high of $71.64.

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.