Market Street Wealth Management Advisors LLC Trims Stock Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Market Street Wealth Management Advisors LLC decreased its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 1.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 540,275 shares of the company’s stock after selling 7,622 shares during the period. SPDR Portfolio S&P 500 ETF makes up approximately 6.3% of Market Street Wealth Management Advisors LLC’s holdings, making the stock its 6th largest holding. Market Street Wealth Management Advisors LLC owned approximately 0.09% of SPDR Portfolio S&P 500 ETF worth $37,247,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. National Mutual Insurance Federation of Agricultural Cooperatives raised its position in SPDR Portfolio S&P 500 ETF by 154.4% in the 3rd quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 7,555,000 shares of the company’s stock worth $510,038,000 after purchasing an additional 4,585,000 shares during the period. Sumitomo Life Insurance Co. grew its stake in shares of SPDR Portfolio S&P 500 ETF by 50.1% during the third quarter. Sumitomo Life Insurance Co. now owns 7,642,600 shares of the company’s stock valued at $515,952,000 after buying an additional 2,550,000 shares during the last quarter. World Investment Advisors LLC increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 908.3% in the third quarter. World Investment Advisors LLC now owns 1,695,058 shares of the company’s stock worth $114,433,000 after buying an additional 1,526,942 shares during the period. Creative Planning lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 3.6% in the 2nd quarter. Creative Planning now owns 28,576,013 shares of the company’s stock valued at $1,828,865,000 after acquiring an additional 1,005,769 shares during the last quarter. Finally, Sanctuary Advisors LLC purchased a new stake in SPDR Portfolio S&P 500 ETF during the 2nd quarter valued at about $45,687,000.

SPDR Portfolio S&P 500 ETF Price Performance

SPLG opened at $71.34 on Thursday. SPDR Portfolio S&P 500 ETF has a 1 year low of $56.80 and a 1 year high of $71.64. The stock’s 50 day simple moving average is $70.09 and its 200 day simple moving average is $67.52. The firm has a market cap of $41.60 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00.

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.