Financial Advocates Investment Management Sells 876 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Financial Advocates Investment Management lowered its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 0.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 156,040 shares of the company’s stock after selling 876 shares during the quarter. Financial Advocates Investment Management’s holdings in SPDR Portfolio S&P 500 ETF were worth $10,534,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of SPLG. Summit Financial Strategies Inc. grew its stake in shares of SPDR Portfolio S&P 500 ETF by 1.8% in the 3rd quarter. Summit Financial Strategies Inc. now owns 8,790 shares of the company’s stock worth $593,000 after acquiring an additional 155 shares in the last quarter. My Personal CFO LLC increased its stake in SPDR Portfolio S&P 500 ETF by 0.5% in the 3rd quarter. My Personal CFO LLC now owns 30,906 shares of the company’s stock valued at $2,086,000 after buying an additional 158 shares during the last quarter. Hofer & Associates. Inc lifted its position in shares of SPDR Portfolio S&P 500 ETF by 1.2% during the 2nd quarter. Hofer & Associates. Inc now owns 13,457 shares of the company’s stock worth $861,000 after buying an additional 166 shares in the last quarter. Narus Financial Partners LLC boosted its stake in shares of SPDR Portfolio S&P 500 ETF by 0.7% in the 2nd quarter. Narus Financial Partners LLC now owns 24,955 shares of the company’s stock worth $1,597,000 after buying an additional 167 shares during the last quarter. Finally, Crew Capital Management Ltd. grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 1.2% in the second quarter. Crew Capital Management Ltd. now owns 14,160 shares of the company’s stock valued at $906,000 after acquiring an additional 172 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Trading Down 0.3 %

Shares of SPLG opened at $68.22 on Thursday. The stock has a 50 day moving average of $66.84 and a 200 day moving average of $64.23. The company has a market capitalization of $39.78 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 12 month low of $48.72 and a 12 month high of $68.93.

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.