Transcend Capital Advisors LLC Sells 5,814 Shares of SPDR Portfolio S&P 500 ETF $SPLG

Transcend Capital Advisors LLC cut its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 9.8% in the second quarter, Holdings Channel reports. The institutional investor owned 53,252 shares of the company’s stock after selling 5,814 shares during the period. Transcend Capital Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $3,871,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Penobscot Wealth Management increased its stake in SPDR Portfolio S&P 500 ETF by 8.5% in the second quarter. Penobscot Wealth Management now owns 752,588 shares of the company’s stock worth $54,706,000 after purchasing an additional 59,216 shares during the period. Brookwood Investment Group LLC increased its stake in SPDR Portfolio S&P 500 ETF by 19.5% in the second quarter. Brookwood Investment Group LLC now owns 65,611 shares of the company’s stock worth $4,769,000 after purchasing an additional 10,704 shares during the period. First Command Advisory Services Inc. increased its stake in SPDR Portfolio S&P 500 ETF by 35.5% in the second quarter. First Command Advisory Services Inc. now owns 1,735,977 shares of the company’s stock worth $126,189,000 after purchasing an additional 454,390 shares during the period. Envestnet Asset Management Inc. increased its stake in SPDR Portfolio S&P 500 ETF by 11.4% in the second quarter. Envestnet Asset Management Inc. now owns 15,884,712 shares of the company’s stock worth $1,154,660,000 after purchasing an additional 1,624,308 shares during the period. Finally, Wealthfront Advisers LLC purchased a new stake in SPDR Portfolio S&P 500 ETF in the second quarter worth $230,000.

SPDR Portfolio S&P 500 ETF Stock Up 0.8%

SPLG stock opened at $79.67 on Monday. The business’s fifty day simple moving average is $77.41 and its two-hundred day simple moving average is $72.64. SPDR Portfolio S&P 500 ETF has a twelve month low of $56.67 and a twelve month high of $79.82. The firm has a market cap of $94.19 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00.

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.