SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) is C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ 2nd Largest Position

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lowered its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 1.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,329,278 shares of the company’s stock after selling 13,153 shares during the period. SPDR Portfolio S&P 500 ETF comprises 7.6% of C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ investment portfolio, making the stock its 2nd biggest position. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors owned approximately 0.23% of SPDR Portfolio S&P 500 ETF worth $89,740,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Advance Capital Management Inc. grew its position in SPDR Portfolio S&P 500 ETF by 121.0% during the first quarter. Advance Capital Management Inc. now owns 13,167,766 shares of the company’s stock valued at $810,213,000 after acquiring an additional 7,210,793 shares during the period. Sumitomo Life Insurance Co. acquired a new stake in shares of SPDR Portfolio S&P 500 ETF during the 2nd quarter worth approximately $308,840,000. Advocacy Wealth Management Services LLC raised its position in shares of SPDR Portfolio S&P 500 ETF by 168.5% during the 1st quarter. Advocacy Wealth Management Services LLC now owns 5,324,315 shares of the company’s stock worth $327,605,000 after purchasing an additional 3,341,587 shares during the period. LPL Financial LLC raised its stake in SPDR Portfolio S&P 500 ETF by 8.0% during the 2nd quarter. LPL Financial LLC now owns 32,127,760 shares of the company’s stock valued at $2,056,177,000 after acquiring an additional 2,389,144 shares in the last quarter. Finally, Cetera Investment Advisers increased its position in shares of SPDR Portfolio S&P 500 ETF by 350.8% during the 1st quarter. Cetera Investment Advisers now owns 2,223,389 shares of the company’s stock valued at $136,805,000 after purchasing an additional 1,730,168 shares during the period.

SPDR Portfolio S&P 500 ETF Stock Up 0.9 %

Shares of NYSEARCA SPLG opened at $67.40 on Wednesday. The stock has a market capitalization of $39.30 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00. The stock’s fifty day simple moving average is $65.34 and its 200 day simple moving average is $63.43. SPDR Portfolio S&P 500 ETF has a 52-week low of $48.13 and a 52-week high of $67.58.

About SPDR Portfolio S&P 500 ETF

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.