SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) is Financial Insights Inc.’s 2nd Largest Position

Financial Insights Inc. decreased its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 18.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 389,727 shares of the company’s stock after selling 89,522 shares during the quarter. SPDR Portfolio S&P 500 ETF comprises approximately 8.6% of Financial Insights Inc.’s portfolio, making the stock its 2nd biggest position. Financial Insights Inc. owned 0.07% of SPDR Portfolio S&P 500 ETF worth $26,310,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Sumitomo Life Insurance Co. purchased a new position in SPDR Portfolio S&P 500 ETF during the second quarter valued at $308,840,000. Advocacy Wealth Management Services LLC lifted its position in SPDR Portfolio S&P 500 ETF by 168.5% during the first quarter. Advocacy Wealth Management Services LLC now owns 5,324,315 shares of the company’s stock valued at $327,605,000 after buying an additional 3,341,587 shares during the period. LPL Financial LLC lifted its position in SPDR Portfolio S&P 500 ETF by 8.0% during the second quarter. LPL Financial LLC now owns 32,127,760 shares of the company’s stock valued at $2,056,177,000 after buying an additional 2,389,144 shares during the period. Cetera Investment Advisers lifted its position in SPDR Portfolio S&P 500 ETF by 350.8% during the first quarter. Cetera Investment Advisers now owns 2,223,389 shares of the company’s stock valued at $136,805,000 after buying an additional 1,730,168 shares during the period. Finally, Savant Capital LLC purchased a new position in SPDR Portfolio S&P 500 ETF during the second quarter valued at $82,572,000.

SPDR Portfolio S&P 500 ETF Trading Down 0.1 %

Shares of SPDR Portfolio S&P 500 ETF stock opened at $68.61 on Wednesday. The firm has a market capitalization of $40.01 billion, a P/E ratio of 26.64 and a beta of 1.00. The business has a fifty day simple moving average of $66.49 and a two-hundred day simple moving average of $63.94. SPDR Portfolio S&P 500 ETF has a 12 month low of $48.13 and a 12 month high of $68.93.

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.