Wells Financial Advisors INC Reduces Position in SPDR Portfolio S&P 500 ETF $SPLG

Wells Financial Advisors INC cut its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 3.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,425 shares of the company’s stock after selling 580 shares during the quarter. SPDR Portfolio S&P 500 ETF makes up approximately 1.4% of Wells Financial Advisors INC’s portfolio, making the stock its 22nd largest holding. Wells Financial Advisors INC’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,049,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. WealthShield Partners LLC lifted its holdings in SPDR Portfolio S&P 500 ETF by 4.3% during the 1st quarter. WealthShield Partners LLC now owns 28,946 shares of the company’s stock worth $1,904,000 after purchasing an additional 1,191 shares in the last quarter. Fiduciary Alliance LLC purchased a new stake in SPDR Portfolio S&P 500 ETF during the 2nd quarter worth about $660,000. Advisors Capital Management LLC lifted its holdings in SPDR Portfolio S&P 500 ETF by 7.3% during the 1st quarter. Advisors Capital Management LLC now owns 6,848 shares of the company’s stock worth $450,000 after purchasing an additional 468 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in SPDR Portfolio S&P 500 ETF by 10.6% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 1,951,291 shares of the company’s stock worth $128,317,000 after purchasing an additional 187,585 shares in the last quarter. Finally, Foundations Investment Advisors LLC lifted its holdings in SPDR Portfolio S&P 500 ETF by 0.9% during the 1st quarter. Foundations Investment Advisors LLC now owns 48,482 shares of the company’s stock worth $3,188,000 after purchasing an additional 446 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPLG opened at $76.84 on Monday. The stock’s 50-day simple moving average is $76.70 and its 200 day simple moving average is $71.53. The stock has a market capitalization of $87.51 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 52-week low of $56.67 and a 52-week high of $79.28.

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.