SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Stock Position Reduced by Deane Retirement Strategies Inc.

Deane Retirement Strategies Inc. cut its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 11.0% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,703 shares of the company’s stock after selling 1,445 shares during the period. Deane Retirement Strategies Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $770,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SPLG. Elevation Wealth Partners LLC acquired a new stake in SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $26,000. Hemington Wealth Management acquired a new stake in SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $30,000. Halbert Hargrove Global Advisors LLC acquired a new stake in SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $37,000. Clarity Asset Management Inc. acquired a new stake in SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $38,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new stake in SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $39,000.

SPDR Portfolio S&P 500 ETF Stock Up 1.0%

NYSEARCA SPLG opened at $70.47 on Monday. The stock has a market capitalization of $68.49 billion, a PE ratio of 24.62 and a beta of 1.01. The company has a 50 day moving average price of $65.78 and a two-hundred day moving average price of $68.26. SPDR Portfolio S&P 500 ETF has a 12-month low of $56.67 and a 12-month high of $72.14.

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.