RDA Financial Network Sells 2,965 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

RDA Financial Network cut its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 7.6% in the third quarter, Holdings Channel reports. The institutional investor owned 36,022 shares of the company’s stock after selling 2,965 shares during the period. RDA Financial Network’s holdings in SPDR Portfolio S&P 500 ETF were worth $2,432,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Hofer & Associates. Inc grew its stake 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 acquiring an additional 166 shares in the last quarter. Narus Financial Partners LLC grew its position in SPDR Portfolio S&P 500 ETF by 0.7% in the second quarter. Narus Financial Partners LLC now owns 24,955 shares of the company’s stock valued at $1,597,000 after purchasing an additional 167 shares in the last quarter. Crew Capital Management Ltd. increased its stake in SPDR Portfolio S&P 500 ETF by 1.2% in the 2nd quarter. Crew Capital Management Ltd. now owns 14,160 shares of the company’s stock valued at $906,000 after buying an additional 172 shares during the last quarter. Invst LLC lifted its position in SPDR Portfolio S&P 500 ETF by 1.5% during the 2nd quarter. Invst LLC now owns 11,961 shares of the company’s stock worth $767,000 after buying an additional 172 shares in the last quarter. Finally, Defined Wealth Management LLC boosted its stake in shares of SPDR Portfolio S&P 500 ETF by 3.4% during the 2nd quarter. Defined Wealth Management LLC now owns 5,498 shares of the company’s stock worth $352,000 after buying an additional 179 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Trading Down 0.8 %

Shares of NYSEARCA SPLG traded down $0.58 during mid-day trading on Tuesday, hitting $68.14. The company had a trading volume of 6,826,321 shares, compared to its average volume of 7,226,566. The firm has a 50-day simple moving average of $65.75 and a two-hundred day simple moving average of $63.62. The company has a market capitalization of $39.74 billion, a PE ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a one year low of $48.13 and a one year high of $68.83.

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.