Forthright Family Wealth Advisory LLC decreased its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG – Free Report) by 38.4% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 207,274 shares of the company’s stock after selling 128,986 shares during the period. SPDR Portfolio S&P 500 ETF makes up 10.0% of Forthright Family Wealth Advisory LLC’s investment portfolio, making the stock its biggest holding. Forthright Family Wealth Advisory LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $16,238,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of SPLG. Bank of America Corp DE raised its position in SPDR Portfolio S&P 500 ETF by 88.5% in 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 buying an additional 27,889,948 shares during the last quarter. Creative Planning boosted its position in SPDR Portfolio S&P 500 ETF by 1.0% during the 2nd quarter. Creative Planning now owns 31,140,324 shares of the company’s stock worth $2,263,590,000 after acquiring an additional 319,951 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of SPDR Portfolio S&P 500 ETF by 11.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 15,884,712 shares of the company’s stock worth $1,154,660,000 after acquiring an additional 1,624,308 shares in the last quarter. Kedalion Capital Management LLP raised its holdings 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 purchasing an additional 5,869,620 shares during the last quarter. Finally, CWM LLC lifted its position in shares of SPDR Portfolio S&P 500 ETF by 17.2% in the second quarter. CWM LLC now owns 9,940,516 shares of the company’s stock worth $722,576,000 after purchasing an additional 1,456,291 shares in the last quarter.
SPDR Portfolio S&P 500 ETF Trading Down 0.3%
Shares of SPLG opened at $81.40 on Friday. The stock has a market capitalization of $96.87 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 12 month low of $56.67 and a 12 month high of $81.14. The firm has a fifty day simple moving average of $80.66 and a 200 day simple moving average of $78.38.
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.
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