Acorn Financial Advisory Services Inc. ADV Lowers Position in SPDR Portfolio S&P 500 ETF $SPLG

Acorn Financial Advisory Services Inc. ADV lessened its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 4.8% in the second quarter, HoldingsChannel reports. The firm owned 100,354 shares of the company’s stock after selling 5,089 shares during the quarter. SPDR Portfolio S&P 500 ETF accounts for approximately 1.2% of Acorn Financial Advisory Services Inc. ADV’s holdings, making the stock its 16th biggest holding. Acorn Financial Advisory Services Inc. ADV’s holdings in SPDR Portfolio S&P 500 ETF were worth $7,295,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Roxbury Financial LLC purchased a new position in shares of SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at approximately $28,000. Retirement Wealth Solutions LLC purchased a new position in shares of SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at approximately $32,000. Pacifica Partners Inc. purchased a new position in shares of SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at approximately $42,000. Missouri Trust & Investment Co purchased a new position in shares of SPDR Portfolio S&P 500 ETF in the 1st quarter valued at approximately $46,000. Finally, Signature Resources Capital Management LLC increased its position in SPDR Portfolio S&P 500 ETF by 57.6% during the 2nd quarter. Signature Resources Capital Management LLC now owns 717 shares of the company’s stock valued at $52,000 after buying an additional 262 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Up 1.5%

SPLG stock opened at $78.00 on Tuesday. SPDR Portfolio S&P 500 ETF has a twelve month low of $56.67 and a twelve month high of $79.28. The firm has a market cap of $88.83 billion, a PE ratio of 25.61 and a beta of 1.00. The business has a 50 day moving average of $76.78 and a 200 day moving average of $71.62.

SPDR Portfolio S&P 500 ETF 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.