New Wave Wealth Advisors LLC Sells 1,285 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

New Wave Wealth Advisors LLC trimmed its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 31.3% during the fourth quarter, Holdings Channel reports. The firm owned 2,819 shares of the company’s stock after selling 1,285 shares during the quarter. New Wave Wealth Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $194,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Creative Planning raised its holdings in SPDR Portfolio S&P 500 ETF by 3.2% in the 3rd quarter. Creative Planning now owns 29,491,836 shares of the company’s stock valued at $1,990,994,000 after acquiring an additional 915,823 shares during the period. Sumitomo Life Insurance Co. raised its holdings in SPDR Portfolio S&P 500 ETF by 18.4% in the 4th quarter. Sumitomo Life Insurance Co. now owns 9,052,600 shares of the company’s stock valued at $624,086,000 after acquiring an additional 1,410,000 shares during the period. National Mutual Insurance Federation of Agricultural Cooperatives raised its holdings 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 valued at $510,038,000 after acquiring an additional 4,585,000 shares during the period. CWM LLC raised its holdings in SPDR Portfolio S&P 500 ETF by 8.2% in the 3rd quarter. CWM LLC now owns 7,213,673 shares of the company’s stock valued at $486,995,000 after acquiring an additional 547,989 shares during the period. Finally, Gradient Investments LLC raised its holdings in SPDR Portfolio S&P 500 ETF by 44.3% in the 4th quarter. Gradient Investments LLC now owns 4,755,325 shares of the company’s stock valued at $327,832,000 after acquiring an additional 1,460,710 shares during the period.

SPDR Portfolio S&P 500 ETF Stock Up 0.5 %

SPDR Portfolio S&P 500 ETF stock opened at $71.16 on Friday. The stock has a market cap of $41.50 billion, a P/E ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a twelve month low of $56.80 and a twelve month high of $71.85. The company’s 50-day moving average price is $70.29 and its two-hundred day moving average price is $67.74.

SPDR Portfolio S&P 500 ETF Company 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.