Advance Capital Management Inc. Reduces Stock Holdings in SPDR Portfolio S&P 500 ETF $SPLG

Advance Capital Management Inc. lessened its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLGFree Report) by 18.3% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 6,194,274 shares of the company’s stock after selling 1,390,160 shares during the quarter. SPDR Portfolio S&P 500 ETF comprises approximately 21.1% of Advance Capital Management Inc.’s holdings, making the stock its biggest position. Advance Capital Management Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $496,905,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Bank of America Corp DE lifted its holdings in SPDR Portfolio S&P 500 ETF by 10.2% during the third quarter. Bank of America Corp DE now owns 65,441,181 shares of the company’s stock worth $5,126,662,000 after acquiring an additional 6,039,211 shares during the period. Jones Financial Companies Lllp boosted its position in SPDR Portfolio S&P 500 ETF by 15.3% in the third quarter. Jones Financial Companies Lllp now owns 50,982,604 shares of the company’s stock worth $3,968,996,000 after purchasing an additional 6,782,445 shares during the last quarter. Creative Planning grew its stake in SPDR Portfolio S&P 500 ETF by 2.9% in the 3rd quarter. Creative Planning now owns 32,029,687 shares of the company’s stock valued at $2,509,206,000 after purchasing an additional 889,363 shares during the period. Envestnet Asset Management Inc. grew its stake in SPDR Portfolio S&P 500 ETF by 6.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 16,868,988 shares of the company’s stock valued at $1,321,517,000 after purchasing an additional 984,276 shares during the period. Finally, Kedalion Capital Management LLP increased its position in shares of SPDR Portfolio S&P 500 ETF by 83.7% during the 3rd quarter. Kedalion Capital Management LLP now owns 12,884,000 shares of the company’s stock valued at $1,009,333,000 after purchasing an additional 5,869,620 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

NYSEARCA SPLG opened at $77.66 on Friday. The stock has a market capitalization of $92.42 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a one year low of $56.67 and a one year high of $81.14. The business’s fifty day moving average is $80.61 and its 200-day moving average is $79.63.

SPDR Portfolio S&P 500 ETF News Roundup

Here are the key news stories impacting SPDR Portfolio S&P 500 ETF this week:

SPDR Portfolio S&P 500 ETF Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding SPLG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLGFree Report).

Institutional Ownership by Quarter for SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Receive News & Ratings for SPDR Portfolio S&P 500 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio S&P 500 ETF and related companies with MarketBeat.com's FREE daily email newsletter.