Advance Capital Management Inc. Trims Stock Position in SPDR Portfolio S&P 500 ETF $SPLG

Advance Capital Management Inc. decreased its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLGFree Report) by 18.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,194,274 shares of the company’s stock after selling 1,390,160 shares during the period. SPDR Portfolio S&P 500 ETF accounts for about 21.1% of Advance Capital Management Inc.’s holdings, making the stock its biggest holding. Advance Capital Management Inc. owned 0.52% of SPDR Portfolio S&P 500 ETF worth $496,905,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Bank of America Corp DE lifted its position in shares of SPDR Portfolio S&P 500 ETF by 10.2% in the 3rd quarter. Bank of America Corp DE now owns 65,441,181 shares of the company’s stock worth $5,126,662,000 after purchasing an additional 6,039,211 shares during the period. Jones Financial Companies Lllp lifted its holdings in SPDR Portfolio S&P 500 ETF by 15.3% in the third quarter. Jones Financial Companies Lllp now owns 50,982,604 shares of the company’s stock valued at $3,968,996,000 after buying an additional 6,782,445 shares during the period. Creative Planning lifted its holdings in SPDR Portfolio S&P 500 ETF by 2.9% in the third quarter. Creative Planning now owns 32,029,687 shares of the company’s stock valued at $2,509,206,000 after buying an additional 889,363 shares during the period. Envestnet Asset Management Inc. boosted its position in SPDR Portfolio S&P 500 ETF by 6.2% during 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 acquiring an additional 984,276 shares during the last quarter. Finally, Kedalion Capital Management LLP boosted its position in SPDR Portfolio S&P 500 ETF by 83.7% during 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 acquiring an additional 5,869,620 shares during the last quarter.

Key Headlines Impacting SPDR Portfolio S&P 500 ETF

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

SPDR Portfolio S&P 500 ETF Trading Down 1.4%

Shares of SPDR Portfolio S&P 500 ETF stock opened at $77.66 on Friday. The business has a 50-day moving average price of $80.61 and a two-hundred day moving average price of $79.63. SPDR Portfolio S&P 500 ETF has a 1-year low of $56.67 and a 1-year high of $81.14. The company has a market cap of $92.42 billion, a P/E ratio of 25.61 and a beta of 1.00.

SPDR Portfolio S&P 500 ETF 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.

See Also

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

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