SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) is Spectrum Planning & Advisory Services Inc.’s Largest Position

Spectrum Planning & Advisory Services Inc. cut its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 1.1% during the fourth quarter, Holdings Channel.com reports. The fund owned 272,187 shares of the company’s stock after selling 3,057 shares during the period. SPDR Portfolio S&P 500 ETF accounts for approximately 16.3% of Spectrum Planning & Advisory Services Inc.’s portfolio, making the stock its largest position. Spectrum Planning & Advisory Services Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $18,765,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also made changes to their positions in SPLG. Bank of Montreal Can grew its stake in SPDR Portfolio S&P 500 ETF by 8.2% during the second quarter. Bank of Montreal Can now owns 39,384 shares of the company’s stock valued at $2,533,000 after acquiring an additional 2,997 shares in the last quarter. Marshall Wace LLP bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the second quarter worth about $2,082,000. AQR Capital Management LLC increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 1.9% in the second quarter. AQR Capital Management LLC now owns 45,157 shares of the company’s stock worth $2,890,000 after purchasing an additional 844 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of SPDR Portfolio S&P 500 ETF by 15.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 329,939 shares of the company’s stock worth $21,116,000 after buying an additional 43,897 shares in the last quarter. Finally, Invst LLC boosted its stake in SPDR Portfolio S&P 500 ETF by 1.5% during the second quarter. Invst LLC now owns 11,961 shares of the company’s stock valued at $767,000 after buying an additional 172 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

NYSEARCA:SPLG opened at $71.12 on Wednesday. The company has a market cap of $41.47 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 1 year low of $56.80 and a 1 year high of $71.85. The stock’s 50 day simple moving average is $70.26 and its two-hundred day simple moving average is $67.72.

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.