SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Shares Sold by Brookstone Capital Management

Brookstone Capital Management cut its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 21.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 715,568 shares of the company’s stock after selling 194,322 shares during the period. SPDR Portfolio S&P 500 ETF makes up 0.7% of Brookstone Capital Management’s portfolio, making the stock its 27th largest holding. Brookstone Capital Management’s holdings in SPDR Portfolio S&P 500 ETF were worth $49,331,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Summit Financial Strategies Inc. lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 1.8% in the 3rd quarter. Summit Financial Strategies Inc. now owns 8,790 shares of the company’s stock valued at $593,000 after buying an additional 155 shares during the period. My Personal CFO LLC grew its position in SPDR Portfolio S&P 500 ETF by 0.5% during the third quarter. My Personal CFO LLC now owns 30,906 shares of the company’s stock worth $2,086,000 after buying an additional 158 shares during the period. Sigma Planning Corp increased its holdings in SPDR Portfolio S&P 500 ETF by 0.7% in the third quarter. Sigma Planning Corp now owns 24,240 shares of the company’s stock valued at $1,636,000 after buying an additional 170 shares in the last quarter. Invst LLC lifted its position in shares of SPDR Portfolio S&P 500 ETF by 1.5% during the 2nd quarter. Invst LLC now owns 11,961 shares of the company’s stock valued at $767,000 after acquiring an additional 172 shares during the period. Finally, Main Street Financial Solutions LLC grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 4.9% in the 3rd quarter. Main Street Financial Solutions LLC now owns 3,746 shares of the company’s stock worth $253,000 after acquiring an additional 175 shares during the period.

SPDR Portfolio S&P 500 ETF Stock Performance

SPLG stock traded down $0.29 during midday trading on Monday, hitting $68.01. 2,143,921 shares of the stock were exchanged, compared to its average volume of 7,234,198. The stock has a market cap of $39.66 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $55.26 and a fifty-two week high of $71.64. The stock’s 50-day moving average price is $70.04 and its 200-day moving average price is $67.27.

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.