Wealth Enhancement Advisory Services LLC Sells 247,628 Shares of SPDR Portfolio S&P 500 ETF $SPLG

Wealth Enhancement Advisory Services LLC lessened its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 7.2% in the third quarter, Holdings Channel.com reports. The fund owned 3,178,328 shares of the company’s stock after selling 247,628 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $250,198,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Clearstead Trust LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF during the 2nd quarter worth about $30,000. GPS Wealth Strategies Group LLC grew its holdings 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 valued at $36,000 after purchasing an additional 323 shares during the period. GAMMA Investing LLC acquired a new stake in SPDR Portfolio S&P 500 ETF in the third quarter worth $40,000. Elevation Wealth Partners LLC boosted its position in shares of SPDR Portfolio S&P 500 ETF by 52.4% during the third quarter. Elevation Wealth Partners LLC now owns 573 shares of the company’s stock worth $45,000 after purchasing an additional 197 shares in the last quarter. Finally, Pacifica Partners Inc. acquired a new position in shares of SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at $42,000.

SPDR Portfolio S&P 500 ETF Stock Down 0.1%

SPLG opened at $81.38 on Monday. The stock has a market cap of $96.85 billion, a P/E ratio of 25.61 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 12 month low of $56.67 and a 12 month high of $81.14. The company has a fifty day simple moving average of $80.19 and a 200 day simple moving average of $77.86.

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.