Brookstone Capital Management Sells 50,944 Shares of SPDR Portfolio S&P 500 ETF $SPLG

Brookstone Capital Management cut its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLGFree Report) by 7.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 628,701 shares of the company’s stock after selling 50,944 shares during the quarter. Brookstone Capital Management owned about 0.05% of SPDR Portfolio S&P 500 ETF worth $49,252,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of SPLG. Consolidated Planning Corp grew its holdings in SPDR Portfolio S&P 500 ETF by 2.3% during the 2nd quarter. Consolidated Planning Corp now owns 6,079 shares of the company’s stock valued at $442,000 after purchasing an additional 137 shares during the last quarter. Westover Capital Advisors LLC boosted its position in shares of SPDR Portfolio S&P 500 ETF by 0.4% during the second quarter. Westover Capital Advisors LLC now owns 35,931 shares of the company’s stock valued at $2,612,000 after buying an additional 138 shares during the period. Ranch Capital Advisors Inc. raised its holdings in shares of SPDR Portfolio S&P 500 ETF by 0.7% in the second quarter. Ranch Capital Advisors Inc. now owns 21,013 shares of the company’s stock worth $1,527,000 after buying an additional 143 shares during the period. International Assets Investment Management LLC lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 3.3% during the 2nd quarter. International Assets Investment Management LLC now owns 4,666 shares of the company’s stock worth $339,000 after acquiring an additional 149 shares during the last quarter. Finally, Cary Street Partners Investment Advisory LLC boosted its holdings in SPDR Portfolio S&P 500 ETF by 20.2% during the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 898 shares of the company’s stock valued at $65,000 after acquiring an additional 151 shares during the period.

SPDR Portfolio S&P 500 ETF Stock Up 0.5%

SPLG stock opened at $81.18 on Thursday. SPDR Portfolio S&P 500 ETF has a twelve month low of $56.67 and a twelve month high of $81.14. The firm has a market cap of $96.61 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00. The business’s fifty day simple moving average is $79.65 and its two-hundred day simple moving average is $76.64.

Key SPDR Portfolio S&P 500 ETF News

Here are the key news stories impacting SPDR Portfolio S&P 500 ETF this week:

SPDR Portfolio S&P 500 ETF Company Profile

(Free Report)

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. The sectors in which the Fund invests include information technology, financials, consumer discretionary, health care, industrials, energy, consumer staples, materials, utilities and telecommunication services.

Read More

Want to see what other hedge funds are holding SPLG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLGFree Report).

Institutional Ownership by Quarter for SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Receive News & Ratings for SPDR Portfolio S&P 500 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio S&P 500 ETF and related companies with MarketBeat.com's FREE daily email newsletter.