Perennial Investment Advisors LLC Lowers Stock Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Perennial Investment Advisors LLC lowered its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 4.2% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 21,517 shares of the company’s stock after selling 936 shares during the quarter. Perennial Investment Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,377,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. 9258 Wealth Management LLC lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 5.5% during the 4th quarter. 9258 Wealth Management LLC now owns 253,514 shares of the company’s stock worth $14,171,000 after acquiring an additional 13,240 shares during the last quarter. QRG Capital Management Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 ETF during the 4th quarter worth approximately $371,000. Principal Financial Group Inc. increased its stake in shares of SPDR Portfolio S&P 500 ETF by 2.6% in the 4th quarter. Principal Financial Group Inc. now owns 353,149 shares of the company’s stock valued at $19,741,000 after purchasing an additional 8,859 shares in the last quarter. Sheaff Brock Investment Advisors LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the fourth quarter valued at about $214,000. Finally, UBS Group AG increased its position in shares of SPDR Portfolio S&P 500 ETF by 10.0% during the fourth quarter. UBS Group AG now owns 694,665 shares of the company’s stock worth $38,832,000 after purchasing an additional 62,965 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Up 0.2 %

Shares of SPLG opened at $66.21 on Tuesday. The stock has a fifty day simple moving average of $64.69 and a two-hundred day simple moving average of $62.70. The company has a market capitalization of $38.61 billion, a PE ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 52-week low of $48.13 and a 52-week high of $66.47.

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.