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

Advisors Capital Management LLC trimmed its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 36.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,380 shares of the company’s stock after selling 3,584 shares during the period. Advisors Capital Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $440,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Elevation Wealth Partners LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $26,000. Hemington Wealth Management acquired a new position in SPDR Portfolio S&P 500 ETF in the 4th quarter valued at $30,000. Halbert Hargrove Global Advisors LLC purchased a new position in shares of SPDR Portfolio S&P 500 ETF during the 4th quarter worth $37,000. Comprehensive Financial Planning Inc. PA acquired a new stake in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter worth $39,000. Finally, Basso Capital Management L.P. acquired a new stake in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter worth $40,000.

SPDR Portfolio S&P 500 ETF Trading Down 0.3 %

SPDR Portfolio S&P 500 ETF stock opened at $63.22 on Wednesday. The stock has a fifty day moving average price of $66.93 and a 200 day moving average price of $68.65. SPDR Portfolio S&P 500 ETF has a 52 week low of $56.67 and a 52 week high of $72.14. The firm has a market capitalization of $57.06 billion, a P/E ratio of 24.63 and a beta of 1.01.

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.