Focus Partners Wealth Sells 204,198 Shares of SPDR Portfolio S&P 500 ETF $SPLG

Focus Partners Wealth trimmed its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 84.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 36,509 shares of the company’s stock after selling 204,198 shares during the quarter. Focus Partners Wealth’s holdings in SPDR Portfolio S&P 500 ETF were worth $2,401,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. LPL Financial LLC grew its holdings in SPDR Portfolio S&P 500 ETF by 6.7% during the 1st quarter. LPL Financial LLC now owns 41,960,691 shares of the company’s stock worth $2,759,335,000 after acquiring an additional 2,643,842 shares during the last quarter. Jones Financial Companies Lllp lifted its position in shares of SPDR Portfolio S&P 500 ETF by 97.8% in the 1st quarter. Jones Financial Companies Lllp now owns 30,832,479 shares of the company’s stock worth $2,015,371,000 after purchasing an additional 15,248,042 shares during the period. USS Investment Management Ltd acquired a new position in shares of SPDR Portfolio S&P 500 ETF in the 1st quarter worth approximately $1,394,006,000. Invesco Ltd. lifted its position in shares of SPDR Portfolio S&P 500 ETF by 5.0% in the 1st quarter. Invesco Ltd. now owns 16,237,931 shares of the company’s stock worth $1,067,806,000 after purchasing an additional 773,953 shares during the period. Finally, Envestnet Asset Management Inc. lifted its position in shares of SPDR Portfolio S&P 500 ETF by 10.3% in the 1st quarter. Envestnet Asset Management Inc. now owns 14,260,404 shares of the company’s stock worth $937,764,000 after purchasing an additional 1,335,809 shares during the period.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of NYSEARCA SPLG opened at $77.66 on Wednesday. The company has a market capitalization of $82.43 billion, a P/E ratio of 25.61 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 52-week low of $56.67 and a 52-week high of $77.87. The company’s 50 day moving average price is $75.15 and its 200-day moving average price is $70.07.

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.