NFP Retirement Inc. Sells 119,113 Shares of SPDR Portfolio S&P 500 ETF $SPLG

NFP Retirement Inc. decreased its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 22.5% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 411,098 shares of the company’s stock after selling 119,113 shares during the quarter. SPDR Portfolio S&P 500 ETF comprises approximately 2.0% of NFP Retirement Inc.’s investment portfolio, making the stock its 10th largest holding. NFP Retirement Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $29,883,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Roxbury Financial LLC bought a new stake in SPDR Portfolio S&P 500 ETF in the second quarter valued at $28,000. Clearstead Trust LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the 2nd quarter worth $30,000. Retirement Wealth Solutions LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF in the second quarter valued at about $32,000. GPS Wealth Strategies Group LLC lifted its position in shares of SPDR Portfolio S&P 500 ETF by 194.6% during the second quarter. GPS Wealth Strategies Group LLC now owns 489 shares of the company’s stock valued at $36,000 after purchasing an additional 323 shares in the last quarter. Finally, Pacifica Partners Inc. bought a new position in shares of SPDR Portfolio S&P 500 ETF during the second quarter valued at about $42,000.

SPDR Portfolio S&P 500 ETF Stock Performance

NYSEARCA:SPLG opened at $77.68 on Thursday. SPDR Portfolio S&P 500 ETF has a 52 week low of $56.67 and a 52 week high of $81.14. The firm has a 50-day moving average price of $78.80 and a two-hundred day moving average price of $74.69. The firm has a market cap of $92.44 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00.

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.