SPDR Portfolio S&P 500 ETF $SPLG Shares Sold by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC reduced its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 3.2% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 562,435 shares of the company’s stock after selling 18,533 shares during the period. Sequoia Financial Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $40,883,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. WealthShield Partners LLC boosted its position in SPDR Portfolio S&P 500 ETF by 4.3% in the 1st quarter. WealthShield Partners LLC now owns 28,946 shares of the company’s stock valued at $1,904,000 after buying an additional 1,191 shares during the last quarter. Fiduciary Alliance LLC purchased a new position in SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at about $660,000. Advisors Capital Management LLC boosted its position in SPDR Portfolio S&P 500 ETF by 7.3% in the 1st quarter. Advisors Capital Management LLC now owns 6,848 shares of the company’s stock valued at $450,000 after buying an additional 468 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in SPDR Portfolio S&P 500 ETF by 10.6% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 1,951,291 shares of the company’s stock valued at $128,317,000 after buying an additional 187,585 shares during the last quarter. Finally, Foundations Investment Advisors LLC boosted its position in SPDR Portfolio S&P 500 ETF by 0.9% in the 1st quarter. Foundations Investment Advisors LLC now owns 48,482 shares of the company’s stock valued at $3,188,000 after buying an additional 446 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

NYSEARCA:SPLG opened at $76.84 on Monday. The firm has a 50-day moving average of $76.70 and a two-hundred day moving average of $71.53. The stock has a market cap of $87.51 billion, a P/E ratio of 25.61 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 1-year low of $56.67 and a 1-year high of $79.28.

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.