Perennial Advisors LLC Decreases Stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Perennial Advisors LLC reduced its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 26.0% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 18,883 shares of the company’s stock after selling 6,637 shares during the period. Perennial Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,242,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. American Century Companies Inc. raised its stake in SPDR Portfolio S&P 500 ETF by 6.4% during the fourth quarter. American Century Companies Inc. now owns 320,300 shares of the company’s stock worth $22,081,000 after purchasing an additional 19,200 shares during the period. MN Wealth Advisors LLC raised its stake in SPDR Portfolio S&P 500 ETF by 7.0% during the fourth quarter. MN Wealth Advisors LLC now owns 29,869 shares of the company’s stock worth $2,059,000 after purchasing an additional 1,960 shares during the period. Shepherd Financial Partners LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF by 5.3% in the 4th quarter. Shepherd Financial Partners LLC now owns 93,323 shares of the company’s stock valued at $6,434,000 after acquiring an additional 4,676 shares during the period. Hobbs Group Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF in the 4th quarter valued at approximately $9,946,000. Finally, Keybank National Association OH purchased a new stake in shares of SPDR Portfolio S&P 500 ETF in the 4th quarter valued at approximately $211,000.

SPDR Portfolio S&P 500 ETF Stock Performance

SPDR Portfolio S&P 500 ETF stock opened at $70.47 on Friday. The company’s 50 day simple moving average is $65.78 and its 200-day simple moving average is $68.27. The company has a market capitalization of $68.49 billion, a price-to-earnings ratio of 24.62 and a beta of 1.01. SPDR Portfolio S&P 500 ETF has a 1 year low of $56.67 and a 1 year high of $72.14.

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.