HBW Advisory Services LLC Reduces Stock Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

HBW Advisory Services LLC decreased its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 10.5% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 10,647 shares of the company’s stock after selling 1,244 shares during the quarter. HBW Advisory Services LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $719,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of SPLG. Hofer & Associates. Inc increased its position in SPDR Portfolio S&P 500 ETF by 1.2% during the second quarter. Hofer & Associates. Inc now owns 13,457 shares of the company’s stock worth $861,000 after purchasing an additional 166 shares during the last quarter. Narus Financial Partners LLC grew its stake in shares of SPDR Portfolio S&P 500 ETF by 0.7% in the 2nd quarter. Narus Financial Partners LLC now owns 24,955 shares of the company’s stock valued at $1,597,000 after buying an additional 167 shares during the period. Crew Capital Management Ltd. increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 1.2% during the 2nd quarter. Crew Capital Management Ltd. now owns 14,160 shares of the company’s stock worth $906,000 after buying an additional 172 shares during the last quarter. Invst LLC raised its position in shares of SPDR Portfolio S&P 500 ETF by 1.5% during the 2nd quarter. Invst LLC now owns 11,961 shares of the company’s stock valued at $767,000 after buying an additional 172 shares during the period. Finally, Defined Wealth Management LLC lifted its holdings in SPDR Portfolio S&P 500 ETF by 3.4% in the second quarter. Defined Wealth Management LLC now owns 5,498 shares of the company’s stock valued at $352,000 after acquiring an additional 179 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Trading Up 0.9 %

SPDR Portfolio S&P 500 ETF stock traded up $0.60 during mid-day trading on Friday, hitting $67.39. The company’s stock had a trading volume of 5,649,399 shares, compared to its average volume of 7,304,050. SPDR Portfolio S&P 500 ETF has a 1 year low of $48.13 and a 1 year high of $67.58. The firm has a market capitalization of $39.30 billion, a PE ratio of 26.64 and a beta of 1.00. The stock’s fifty day moving average is $65.21 and its two-hundred day moving average is $63.32.

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.