SPDR Portfolio S&P 500 ETF $SPLG is Novem Group’s 3rd Largest Position

Novem Group decreased its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 3.1% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 392,531 shares of the company’s stock after selling 12,373 shares during the quarter. SPDR Portfolio S&P 500 ETF makes up approximately 3.6% of Novem Group’s investment portfolio, making the stock its 3rd largest position. Novem Group’s holdings in SPDR Portfolio S&P 500 ETF were worth $28,533,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. WealthShield Partners LLC grew its stake in shares of 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 purchasing an additional 1,191 shares during the last quarter. Chemistry Wealth Management LLC grew its position in SPDR Portfolio S&P 500 ETF by 7.5% in the 1st quarter. Chemistry Wealth Management LLC now owns 9,004 shares of the company’s stock valued at $592,000 after buying an additional 628 shares during the last quarter. Fiduciary Alliance LLC acquired a new position in SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at $660,000. Advisors Capital Management LLC increased its stake 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 period. Finally, Wealth Enhancement Advisory Services LLC raised its position in SPDR Portfolio S&P 500 ETF by 10.6% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 1,951,291 shares of the company’s stock worth $128,317,000 after buying an additional 187,585 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Down 0.5%

Shares of NYSEARCA:SPLG opened at $77.64 on Friday. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $56.67 and a fifty-two week high of $78.74. The firm’s 50-day simple moving average is $75.79 and its 200-day simple moving average is $70.55. The company has a market cap of $82.41 billion, a price-to-earnings 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.