Transcend Capital Advisors LLC Sells 1,878 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Transcend Capital Advisors LLC cut its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 3.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 52,936 shares of the company’s stock after selling 1,878 shares during the period. Transcend Capital Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $3,388,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in SPLG. Evensky & Katz LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF during the 1st quarter worth $27,000. Tsfg LLC increased its holdings in SPDR Portfolio S&P 500 ETF by 255.5% in the 4th quarter. Tsfg LLC now owns 551 shares of the company’s stock worth $31,000 after acquiring an additional 396 shares during the last quarter. Tower View Wealth Management LLC increased its holdings in SPDR Portfolio S&P 500 ETF by 416.8% in the 4th quarter. Tower View Wealth Management LLC now owns 615 shares of the company’s stock worth $34,000 after acquiring an additional 496 shares during the last quarter. Rakuten Securities Inc. purchased a new stake in SPDR Portfolio S&P 500 ETF in the 4th quarter worth about $35,000. Finally, Harbor Investment Advisory LLC increased its holdings in SPDR Portfolio S&P 500 ETF by 76.6% in the 1st quarter. Harbor Investment Advisory LLC now owns 641 shares of the company’s stock worth $39,000 after acquiring an additional 278 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

SPLG stock traded down $1.17 during mid-day trading on Friday, reaching $62.69. 9,757,080 shares of the company traded hands, compared to its average volume of 7,412,989. The company has a market capitalization of $36.56 billion, a P/E 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. The company has a fifty day moving average price of $64.04 and a 200-day moving average price of $61.27.

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.