Source Financial Advisors LLC Sells 600 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Source Financial Advisors LLC reduced its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 6.2% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 9,023 shares of the company’s stock after selling 600 shares during the quarter. Source Financial Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $609,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of SPLG. Beckerman Institutional LLC acquired a new position in SPDR Portfolio S&P 500 ETF during the third quarter worth about $757,000. SFG Wealth Management LLC. grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 108.0% during the 3rd quarter. SFG Wealth Management LLC. now owns 16,484 shares of the company’s stock valued at $1,113,000 after purchasing an additional 8,560 shares during the last quarter. Principal Financial Group Inc. increased its position in SPDR Portfolio S&P 500 ETF by 3.3% during the 3rd quarter. Principal Financial Group Inc. now owns 382,328 shares of the company’s stock worth $25,811,000 after purchasing an additional 12,336 shares in the last quarter. Walkner Condon Financial Advisors LLC lifted its stake in SPDR Portfolio S&P 500 ETF by 10.2% in the 3rd quarter. Walkner Condon Financial Advisors LLC now owns 408,367 shares of the company’s stock valued at $27,569,000 after purchasing an additional 37,786 shares during the last quarter. Finally, Advisor Resource Council lifted its stake in SPDR Portfolio S&P 500 ETF by 61.5% in the 3rd quarter. Advisor Resource Council now owns 21,298 shares of the company’s stock valued at $1,438,000 after purchasing an additional 8,111 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

NYSEARCA SPLG opened at $70.37 on Friday. The firm’s fifty day moving average price is $67.20 and its two-hundred day moving average price is $64.66. The stock has a market cap of $41.04 billion, a PE ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $50.97 and a fifty-two week high of $70.53.

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.