Advance Capital Management Inc. Has $842.89 Million Stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Advance Capital Management Inc. reduced its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 2.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 12,226,421 shares of the company’s stock after selling 320,348 shares during the quarter. SPDR Portfolio S&P 500 ETF comprises about 38.6% of Advance Capital Management Inc.’s investment portfolio, making the stock its biggest position. Advance Capital Management Inc. owned 2.10% of SPDR Portfolio S&P 500 ETF worth $842,889,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. Blue Trust Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 ETF during the third quarter valued at $31,000. ORG Wealth Partners LLC purchased a new position in shares of SPDR Portfolio S&P 500 ETF during the third quarter worth approximately $33,000. Highline Wealth Partners LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF during the third quarter valued at approximately $36,000. Kayne Anderson Rudnick Investment Management LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF in the second quarter valued at approximately $49,000. Finally, Creekmur Asset Management LLC grew its stake in SPDR Portfolio S&P 500 ETF by 3,595.2% in the third quarter. Creekmur Asset Management LLC now owns 776 shares of the company’s stock worth $52,000 after purchasing an additional 755 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Trading Up 0.6 %

Shares of SPLG traded up $0.40 during trading hours on Monday, hitting $70.03. The company had a trading volume of 6,178,570 shares, compared to its average volume of 7,502,208. The company has a market capitalization of $40.84 billion, a PE ratio of 26.64 and a beta of 1.00. The company’s fifty day moving average price is $69.90 and its two-hundred day moving average price is $67.09. SPDR Portfolio S&P 500 ETF has a one year low of $55.08 and a one year high of $71.64.

About SPDR Portfolio S&P 500 ETF

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.