Farther Finance Advisors LLC Sells 3,003 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Farther Finance Advisors LLC decreased its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 7.2% in the second quarter, HoldingsChannel reports. The fund owned 38,888 shares of the company’s stock after selling 3,003 shares during the quarter. Farther Finance Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $2,494,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. International Assets Investment Management LLC purchased a new stake in SPDR Portfolio S&P 500 ETF in the fourth quarter worth about $2,231,000. Kestra Private Wealth Services LLC boosted its position in shares of SPDR Portfolio S&P 500 ETF by 5.6% in the fourth quarter. Kestra Private Wealth Services LLC now owns 4,682 shares of the company’s stock worth $262,000 after purchasing an additional 249 shares during the period. Brighton Jones LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF in the fourth quarter worth $309,000. Commonwealth Equity Services LLC raised its position in shares of SPDR Portfolio S&P 500 ETF by 33.4% during the 4th quarter. Commonwealth Equity Services LLC now owns 724,482 shares of the company’s stock valued at $40,499,000 after purchasing an additional 181,509 shares during the period. Finally, Benjamin F. Edwards & Company Inc. purchased a new position in shares of SPDR Portfolio S&P 500 ETF during the 4th quarter valued at $60,000.

SPDR Portfolio S&P 500 ETF Stock Up 0.9 %

SPLG stock traded up $0.60 during trading on Friday, reaching $66.28. The company’s stock had a trading volume of 3,540,902 shares, compared to its average volume of 7,256,638. The company’s fifty day moving average is $64.55 and its 200-day moving average is $62.22. The company has a market capitalization of $38.65 billion, a P/E ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 1 year low of $48.13 and a 1 year high of $66.47.

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.