Farther Finance Advisors LLC Lowers Stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Farther Finance Advisors LLC cut its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 13.0% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 50,994 shares of the company’s stock after selling 7,649 shares during the period. Farther Finance Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $3,516,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. PFG Advisors lifted its position in SPDR Portfolio S&P 500 ETF by 8.8% in the 4th quarter. PFG Advisors now owns 143,624 shares of the company’s stock worth $9,901,000 after buying an additional 11,608 shares during the last quarter. HighTower Advisors LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF by 57.5% during the fourth quarter. HighTower Advisors LLC now owns 3,504,658 shares of the company’s stock worth $241,611,000 after acquiring an additional 1,280,113 shares in the last quarter. Moors & Cabot Inc. lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 3.1% in the 4th quarter. Moors & Cabot Inc. now owns 20,524 shares of the company’s stock worth $1,415,000 after acquiring an additional 612 shares during the last quarter. Cushing Capital Partners LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF in the 4th quarter valued at $4,154,000. Finally, Inspire Advisors LLC grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 4.3% during the 4th quarter. Inspire Advisors LLC now owns 6,350 shares of the company’s stock valued at $438,000 after purchasing an additional 264 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Up 0.5 %

SPDR Portfolio S&P 500 ETF stock opened at $65.75 on Thursday. The firm has a fifty day simple moving average of $69.93 and a two-hundred day simple moving average of $68.94. SPDR Portfolio S&P 500 ETF has a twelve month low of $58.08 and a twelve month high of $72.14. The company has a market capitalization of $55.17 billion, a PE ratio of 24.69 and a beta of 1.01.

SPDR Portfolio S&P 500 ETF Company 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.