SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Stock Position Reduced by Forthright Family Wealth Advisory LLC

Forthright Family Wealth Advisory LLC decreased its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 47.9% in the third quarter, Holdings Channel reports. The institutional investor owned 362,265 shares of the company’s stock after selling 332,660 shares during the quarter. SPDR Portfolio S&P 500 ETF makes up approximately 15.7% of Forthright Family Wealth Advisory LLC’s holdings, making the stock its largest position. Forthright Family Wealth Advisory LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $25,909,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of SPLG. LPL Financial LLC grew its stake in shares of SPDR Portfolio S&P 500 ETF by 8.0% in the 2nd quarter. LPL Financial LLC now owns 32,127,760 shares of the company’s stock valued at $2,056,177,000 after buying an additional 2,389,144 shares in the last quarter. Creative Planning grew its position in SPDR Portfolio S&P 500 ETF by 3.2% in the third quarter. Creative Planning now owns 29,491,836 shares of the company’s stock worth $1,990,994,000 after acquiring an additional 915,823 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of SPDR Portfolio S&P 500 ETF by 13.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 10,281,461 shares of the company’s stock worth $658,014,000 after purchasing an additional 1,232,825 shares during the last quarter. Sumitomo Life Insurance Co. increased its stake in shares of SPDR Portfolio S&P 500 ETF by 50.1% during the 3rd quarter. Sumitomo Life Insurance Co. now owns 7,642,600 shares of the company’s stock worth $515,952,000 after purchasing an additional 2,550,000 shares during the last quarter. Finally, National Mutual Insurance Federation of Agricultural Cooperatives raised its holdings in shares of SPDR Portfolio S&P 500 ETF by 154.4% during 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 purchasing an additional 4,585,000 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

NYSEARCA:SPLG traded up $0.24 during trading hours on Friday, reaching $71.34. The company’s stock had a trading volume of 427,847 shares, compared to its average volume of 6,987,178. The company 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 has a one year low of $54.87 and a one year high of $71.64. The business’s 50-day moving average is $69.29 and its 200-day moving average is $66.26.

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.