SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) is N.E.W. Advisory Services LLC’s 3rd Largest Position

N.E.W. Advisory Services LLC reduced its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 20.8% in the 4th quarter, Holdings Channel.com reports. The fund owned 980,244 shares of the company’s stock after selling 257,581 shares during the quarter. SPDR Portfolio S&P 500 ETF makes up about 6.4% of N.E.W. Advisory Services LLC’s holdings, making the stock its 3rd largest position. N.E.W. Advisory Services LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $67,578,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Bank of Montreal Can grew its stake in SPDR Portfolio S&P 500 ETF by 8.2% in the second quarter. Bank of Montreal Can now owns 39,384 shares of the company’s stock worth $2,533,000 after purchasing an additional 2,997 shares in the last quarter. Marshall Wace LLP bought a new position in SPDR Portfolio S&P 500 ETF during the 2nd quarter worth approximately $2,082,000. AQR Capital Management LLC grew its position in shares of SPDR Portfolio S&P 500 ETF by 1.9% in the 2nd quarter. AQR Capital Management LLC now owns 45,157 shares of the company’s stock worth $2,890,000 after acquiring an additional 844 shares in the last quarter. EP Wealth Advisors LLC raised its position in shares of SPDR Portfolio S&P 500 ETF by 212.9% during the 2nd quarter. EP Wealth Advisors LLC now owns 9,400 shares of the company’s stock valued at $602,000 after acquiring an additional 6,396 shares in the last quarter. Finally, Anchor Investment Management LLC raised its position in shares of SPDR Portfolio S&P 500 ETF by 5.6% during the 2nd quarter. Anchor Investment Management LLC now owns 11,907 shares of the company’s stock valued at $762,000 after acquiring an additional 631 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

SPLG stock opened at $70.80 on Friday. The firm has a market cap of $41.29 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 1-year low of $56.80 and a 1-year high of $71.85. The firm has a fifty day moving average price of $70.31 and a two-hundred day moving average price of $67.77.

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.