Traynor Capital Management Inc. Sells 1,675 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Traynor Capital Management Inc. reduced its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 2.6% during the 4th quarter, Holdings Channel reports. The fund owned 62,220 shares of the company’s stock after selling 1,675 shares during the quarter. Traynor Capital Management Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $4,289,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of SPLG. Financial Futures Ltd Liability Co. grew its stake in shares of SPDR Portfolio S&P 500 ETF by 3.6% during the third quarter. Financial Futures Ltd Liability Co. now owns 233,519 shares of the company’s stock valued at $15,765,000 after purchasing an additional 8,212 shares during the last quarter. Continuum Advisory LLC boosted its position in SPDR Portfolio S&P 500 ETF by 1.5% in the 3rd quarter. Continuum Advisory LLC now owns 129,586 shares of the company’s stock valued at $9,044,000 after buying an additional 1,924 shares during the last quarter. Barclays PLC raised its position in shares of SPDR Portfolio S&P 500 ETF by 170.0% during the third quarter. Barclays PLC now owns 1,350 shares of the company’s stock worth $91,000 after acquiring an additional 850 shares during the last quarter. Kingsview Wealth Management LLC lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 2.1% during the third quarter. Kingsview Wealth Management LLC now owns 115,302 shares of the company’s stock valued at $7,784,000 after acquiring an additional 2,404 shares during the period. Finally, Bleakley Financial Group LLC increased its position in SPDR Portfolio S&P 500 ETF by 5.2% in the third quarter. Bleakley Financial Group LLC now owns 18,669 shares of the company’s stock worth $1,260,000 after purchasing an additional 926 shares during the period.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of NYSEARCA:SPLG opened at $71.34 on Thursday. The company has a 50 day moving average of $70.09 and a 200-day moving average of $67.52. SPDR Portfolio S&P 500 ETF has a one year low of $56.80 and a one year high of $71.64. The stock has a market cap of $41.60 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00.

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.