SPDR Portfolio S&P 500 ETF $SPLG Holdings Cut by Gladstone Institutional Advisory LLC

Gladstone Institutional Advisory LLC cut its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 3.3% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 641,950 shares of the company’s stock after selling 22,068 shares during the quarter. SPDR Portfolio S&P 500 ETF accounts for approximately 1.9% of Gladstone Institutional Advisory LLC’s holdings, making the stock its 6th largest position. Gladstone Institutional Advisory LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $50,290,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. Roxbury Financial LLC purchased a new position in shares of SPDR Portfolio S&P 500 ETF during the 2nd quarter worth $28,000. Clearstead Trust LLC acquired a new position in SPDR Portfolio S&P 500 ETF in the second quarter valued at $30,000. Retirement Wealth Solutions LLC acquired a new position in SPDR Portfolio S&P 500 ETF in the second quarter valued at $32,000. GPS Wealth Strategies Group LLC lifted its position in 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 worth $36,000 after buying an additional 323 shares during the period. Finally, GAMMA Investing LLC acquired a new stake in SPDR Portfolio S&P 500 ETF in the 3rd quarter worth about $40,000.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of SPLG stock opened at $80.39 on Tuesday. The firm’s 50-day simple moving average is $79.95 and its 200-day simple moving average is $77.26. SPDR Portfolio S&P 500 ETF has a 1-year low of $56.67 and a 1-year high of $81.14. The firm has a market cap of $95.67 billion, a P/E ratio of 25.61 and a beta of 1.00.

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