B. Riley Wealth Advisors Inc. Has $1.07 Million Stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

B. Riley Wealth Advisors Inc. trimmed its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 31.8% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 19,172 shares of the company’s stock after selling 8,948 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,072,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in SPLG. Stifel Financial Corp lifted its position in shares of SPDR Portfolio S&P 500 ETF by 8.0% in the third quarter. Stifel Financial Corp now owns 124,343 shares of the company’s stock valued at $6,249,000 after buying an additional 9,166 shares during the last quarter. Cary Street Partners Investment Advisory LLC raised its holdings in SPDR Portfolio S&P 500 ETF by 10.8% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 159,673 shares of the company’s stock valued at $8,025,000 after acquiring an additional 15,586 shares in the last quarter. Natixis Advisors L.P. acquired a new position in SPDR Portfolio S&P 500 ETF in the 3rd quarter valued at $815,000. Providence Capital Advisors LLC raised its holdings in SPDR Portfolio S&P 500 ETF by 1,455.2% in the 3rd quarter. Providence Capital Advisors LLC now owns 1,944 shares of the company’s stock valued at $98,000 after acquiring an additional 1,819 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC raised its holdings in SPDR Portfolio S&P 500 ETF by 190.5% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 4,619 shares of the company’s stock valued at $232,000 after acquiring an additional 3,029 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of NYSEARCA SPLG opened at $64.35 on Friday. The stock has a market capitalization of $37.53 billion, a PE ratio of 26.64 and a beta of 1.00. The business has a fifty day moving average price of $61.45 and a two-hundred day moving average price of $59.21. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $48.13 and a fifty-two week high of $64.71.

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.