Bank of America Corp DE Has $494.98 Million Stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Bank of America Corp DE trimmed its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 15.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,179,840 shares of the company’s stock after selling 1,322,790 shares during the period. Bank of America Corp DE owned about 1.23% of SPDR Portfolio S&P 500 ETF worth $494,978,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of SPLG. Elevation Wealth Partners LLC acquired a new stake in SPDR Portfolio S&P 500 ETF during the 4th quarter valued at $26,000. Hemington Wealth Management bought a new stake in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter worth $30,000. Halbert Hargrove Global Advisors LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the fourth quarter valued at $37,000. Comprehensive Financial Planning Inc. PA bought a new position in shares of SPDR Portfolio S&P 500 ETF in the fourth quarter valued at about $39,000. Finally, Basso Capital Management L.P. acquired a new position in SPDR Portfolio S&P 500 ETF during the 4th quarter worth about $40,000.

SPDR Portfolio S&P 500 ETF Trading Down 0.8 %

SPLG opened at $65.74 on Wednesday. SPDR Portfolio S&P 500 ETF has a 1-year low of $56.67 and a 1-year high of $72.14. The stock has a market capitalization of $60.64 billion, a PE ratio of 23.41 and a beta of 1.01. The firm has a 50-day moving average price of $64.83 and a two-hundred day moving average price of $68.26.

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.