Focus Partners Advisor Solutions LLC Sells 58,677 Shares of SPDR Portfolio S&P 500 ETF $SPLG

Focus Partners Advisor Solutions LLC lowered its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 75.1% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 19,445 shares of the company’s stock after selling 58,677 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,548,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Brighton Jones LLC bought a new stake in SPDR Portfolio S&P 500 ETF during the fourth quarter valued at approximately $311,000. Bison Wealth LLC raised its position in shares of SPDR Portfolio S&P 500 ETF by 0.4% during the 4th quarter. Bison Wealth LLC now owns 142,938 shares of the company’s stock valued at $9,854,000 after buying an additional 630 shares in the last quarter. Ignite Planners LLC lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 8.2% during the 2nd quarter. Ignite Planners LLC now owns 3,503 shares of the company’s stock worth $259,000 after acquiring an additional 266 shares during the last quarter. Tradewinds LLC. purchased a new position in SPDR Portfolio S&P 500 ETF in the second quarter worth $14,510,000. Finally, Bank of Montreal Can increased its stake in SPDR Portfolio S&P 500 ETF by 58.2% in the second quarter. Bank of Montreal Can now owns 114,923 shares of the company’s stock valued at $8,354,000 after acquiring an additional 42,296 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Up 0.7%

NYSEARCA SPLG opened at $80.62 on Friday. The stock’s 50-day simple moving average is $80.99 and its two-hundred day simple moving average is $79.40. SPDR Portfolio S&P 500 ETF has a twelve month low of $56.67 and a twelve month high of $81.14. The company has a market capitalization of $95.94 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00.

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