SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Position Lowered by N.E.W. Advisory Services LLC

N.E.W. Advisory Services LLC lowered its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 20.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 980,244 shares of the company’s stock after selling 257,581 shares during the period. SPDR Portfolio S&P 500 ETF accounts for approximately 6.4% of N.E.W. Advisory Services LLC’s portfolio, making the stock its 3rd largest position. N.E.W. Advisory Services LLC owned 0.17% of SPDR Portfolio S&P 500 ETF worth $67,578,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Blue Trust Inc. purchased a new position in SPDR Portfolio S&P 500 ETF in the third quarter valued at about $31,000. ORG Wealth Partners LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the 3rd quarter worth approximately $33,000. Highline Wealth Partners LLC purchased a new position in SPDR Portfolio S&P 500 ETF in the 3rd quarter valued at approximately $36,000. West Branch Capital LLC purchased a new position in SPDR Portfolio S&P 500 ETF in the 4th quarter valued at approximately $41,000. Finally, Decker Retirement Planning Inc. acquired a new position in SPDR Portfolio S&P 500 ETF during the fourth quarter worth $43,000.

SPDR Portfolio S&P 500 ETF Stock Performance

SPDR Portfolio S&P 500 ETF stock opened at $70.80 on Friday. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $56.80 and a fifty-two week high of $71.85. The firm has a market capitalization of $41.29 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00. The stock’s fifty day moving average is $70.31 and its two-hundred day moving average is $67.77.

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.