SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Stock Price Breaks Below 50-Day Moving Average – Time to Sell?

Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) crossed below its 50 day moving average during trading on Friday. The stock has a 50 day moving average of $90.18 and traded as low as $86.2450. SPDR Portfolio S&P 500 ETF shares last traded at $86.30, with a volume of 20,071,833 shares trading hands.

SPDR Portfolio S&P 500 ETF Stock Up 0.3%

The stock’s 50 day moving average is $90.18 and its two-hundred day moving average is $85.88. The company has a market capitalization of $103.01 billion, a PE ratio of 25.61 and a beta of 1.00.

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. The sectors in which the Fund invests include information technology, financials, consumer discretionary, health care, industrials, energy, consumer staples, materials, utilities and telecommunication services.