Northwest Capital Management Inc cut its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG – Free Report) by 9.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,849 shares of the company’s stock after selling 806 shares during the period. Northwest Capital Management Inc’s holdings in SPDR Portfolio S&P 500 ETF were worth $571,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPLG. USS Investment Management Ltd acquired a new position in SPDR Portfolio S&P 500 ETF in the 1st quarter valued at $1,394,006,000. Jones Financial Companies Lllp raised its holdings in SPDR Portfolio S&P 500 ETF by 99.4% in the 1st quarter. Jones Financial Companies Lllp now owns 31,074,010 shares of the company’s stock valued at $2,031,308,000 after acquiring an additional 15,489,573 shares in the last quarter. Allianz Asset Management GmbH raised its holdings in SPDR Portfolio S&P 500 ETF by 38.6% in the 1st quarter. Allianz Asset Management GmbH now owns 12,846,198 shares of the company’s stock valued at $844,766,000 after acquiring an additional 3,577,176 shares in the last quarter. LPL Financial LLC raised its holdings in SPDR Portfolio S&P 500 ETF by 6.7% in the 1st quarter. LPL Financial LLC now owns 41,960,691 shares of the company’s stock valued at $2,759,335,000 after acquiring an additional 2,643,842 shares in the last quarter. Finally, SCS Capital Management LLC acquired a new position in SPDR Portfolio S&P 500 ETF in the 1st quarter valued at $167,317,000.
SPDR Portfolio S&P 500 ETF Price Performance
Shares of NYSEARCA SPLG opened at $78.00 on Tuesday. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $56.67 and a fifty-two week high of $79.28. The business has a fifty day moving average price of $76.78 and a two-hundred day moving average price of $71.62. The stock has a market capitalization of $88.83 billion, a PE ratio of 25.61 and a beta of 1.00.
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.
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