Grimes & Company Inc. Reduces Stock Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Grimes & Company Inc. decreased its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 19.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,086 shares of the company’s stock after selling 756 shares during the quarter. Grimes & Company Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $213,000 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 SPLG. Blue Trust Inc. bought a new stake in SPDR Portfolio S&P 500 ETF during the 3rd quarter valued at about $31,000. ORG Wealth Partners LLC purchased a new position in SPDR Portfolio S&P 500 ETF during the 3rd quarter worth $33,000. Highline Wealth Partners LLC purchased a new position in SPDR Portfolio S&P 500 ETF during the 3rd quarter worth $36,000. West Branch Capital LLC purchased a new position in SPDR Portfolio S&P 500 ETF during the 4th quarter worth $41,000. Finally, Decker Retirement Planning Inc. purchased a new position in SPDR Portfolio S&P 500 ETF during the 4th quarter worth $43,000.

SPDR Portfolio S&P 500 ETF Stock Down 0.3 %

SPLG opened at $71.51 on Monday. SPDR Portfolio S&P 500 ETF has a 52 week low of $56.80 and a 52 week high of $71.85. The stock’s fifty day moving average is $70.20 and its two-hundred day moving average is $67.65. The company has a market capitalization of $41.70 billion, a P/E ratio of 26.64 and a beta of 1.00.

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.