Vestmark Advisory Solutions Inc. Sells 143,507 Shares of SPDR Portfolio S&P 500 ETF $SPLG

Vestmark Advisory Solutions Inc. trimmed its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 38.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 231,247 shares of the company’s stock after selling 143,507 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $18,116,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the business. Clearstead Trust LLC bought a new position in SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at about $30,000. Center for Financial Planning Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 ETF in the third quarter worth approximately $37,000. GPS Wealth Strategies Group LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF by 194.6% in the second quarter. GPS Wealth Strategies Group LLC now owns 489 shares of the company’s stock worth $36,000 after purchasing an additional 323 shares during the last quarter. GAMMA Investing LLC purchased a new position in shares of SPDR Portfolio S&P 500 ETF during the third quarter valued at approximately $40,000. Finally, Elevation Wealth Partners LLC grew its holdings in SPDR Portfolio S&P 500 ETF by 52.4% during the third quarter. Elevation Wealth Partners LLC now owns 573 shares of the company’s stock worth $45,000 after buying an additional 197 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

NYSEARCA SPLG opened at $81.11 on Friday. The company has a fifty day moving average price of $80.90 and a 200-day moving average price of $79.07. The firm has a market cap of $96.52 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 1 year low of $56.67 and a 1 year high of $81.14.

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. The sectors in which the Fund invests include information technology, financials, consumer discretionary, health care, industrials, energy, consumer staples, materials, utilities and telecommunication services.