Welch & Forbes LLC Sells 200 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Welch & Forbes LLC lowered its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 4.5% in the first quarter, Holdings Channel reports. The firm owned 4,275 shares of the company’s stock after selling 200 shares during the quarter. Welch & Forbes LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $281,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Schrum Private Wealth Management LLC raised its holdings in SPDR Portfolio S&P 500 ETF by 3.6% during the first quarter. Schrum Private Wealth Management LLC now owns 38,551 shares of the company’s stock worth $2,535,000 after buying an additional 1,334 shares during the last quarter. Concord Asset Management LLC VA boosted its stake in SPDR Portfolio S&P 500 ETF by 10.3% in the 1st quarter. Concord Asset Management LLC VA now owns 16,568 shares of the company’s stock worth $1,043,000 after purchasing an additional 1,549 shares in the last quarter. Larson Financial Group LLC increased its position in shares of SPDR Portfolio S&P 500 ETF by 26.8% during the 1st quarter. Larson Financial Group LLC now owns 469,636 shares of the company’s stock valued at $30,883,000 after purchasing an additional 99,315 shares during the last quarter. PAX Financial Group LLC grew its stake in shares of SPDR Portfolio S&P 500 ETF by 9.5% during the 1st quarter. PAX Financial Group LLC now owns 6,573 shares of the company’s stock valued at $432,000 after acquiring an additional 569 shares during the period. Finally, Landmark Wealth Management LLC boosted its stake in SPDR Portfolio S&P 500 ETF by 3.7% in the 1st quarter. Landmark Wealth Management LLC now owns 17,528 shares of the company’s stock worth $1,153,000 after purchasing an additional 630 shares during the period.

SPDR Portfolio S&P 500 ETF Stock Up 0.6%

SPLG stock opened at $73.86 on Friday. SPDR Portfolio S&P 500 ETF has a twelve month low of $56.67 and a twelve month high of $74.01. The business’s fifty day simple moving average is $70.85 and its two-hundred day simple moving average is $68.58. The firm has a market cap of $77.22 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00.

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.