Compound Planning Inc. Lowers Stock Position in SPDR Portfolio S&P 500 ETF $SPLG

Compound Planning Inc. lessened its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 18.0% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 34,562 shares of the company’s stock after selling 7,596 shares during the quarter. Compound Planning Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $2,708,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of America Corp DE grew its position in shares of SPDR Portfolio S&P 500 ETF by 88.5% during the 2nd quarter. Bank of America Corp DE now owns 59,401,970 shares of the company’s stock valued at $4,317,929,000 after acquiring an additional 27,889,948 shares during the period. Jones Financial Companies Lllp raised its holdings in SPDR Portfolio S&P 500 ETF by 15.3% in the 3rd quarter. Jones Financial Companies Lllp now owns 50,982,604 shares of the company’s stock worth $3,968,996,000 after purchasing an additional 6,782,445 shares during the period. Creative Planning boosted its position in SPDR Portfolio S&P 500 ETF by 1.0% during the second quarter. Creative Planning now owns 31,140,324 shares of the company’s stock worth $2,263,590,000 after purchasing an additional 319,951 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in SPDR Portfolio S&P 500 ETF by 6.2% in the third quarter. Envestnet Asset Management Inc. now owns 16,868,988 shares of the company’s stock valued at $1,321,517,000 after purchasing an additional 984,276 shares during the period. Finally, Kedalion Capital Management LLP increased its position in shares of SPDR Portfolio S&P 500 ETF by 83.7% in the third quarter. Kedalion Capital Management LLP now owns 12,884,000 shares of the company’s stock valued at $1,009,333,000 after buying an additional 5,869,620 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of SPLG stock opened at $80.29 on Wednesday. The company has a market cap of $95.55 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00. The stock has a 50 day simple moving average of $80.92 and a 200-day simple moving average of $79.19. SPDR Portfolio S&P 500 ETF has a 1-year low of $56.67 and a 1-year high of $81.14.

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