Helen Stephens Group LLC Cuts Stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Helen Stephens Group LLC reduced its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 2.2% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 32,576 shares of the company’s stock after selling 728 shares during the period. SPDR Portfolio S&P 500 ETF accounts for about 0.7% of Helen Stephens Group LLC’s investment portfolio, making the stock its 24th biggest holding. Helen Stephens Group LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $2,199,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. LPL Financial LLC increased 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 worth $2,056,177,000 after buying an additional 2,389,144 shares during the period. Creative Planning increased its position in shares of SPDR Portfolio S&P 500 ETF by 3.6% in the 2nd quarter. Creative Planning now owns 28,576,013 shares of the company’s stock valued at $1,828,865,000 after purchasing an additional 1,005,769 shares during the last quarter. Advance Capital Management Inc. increased its position in shares of SPDR Portfolio S&P 500 ETF by 3.1% in the 2nd quarter. Advance Capital Management Inc. now owns 13,569,767 shares of the company’s stock valued at $868,465,000 after purchasing an additional 402,001 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of SPDR Portfolio S&P 500 ETF by 13.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 10,281,461 shares of the company’s stock valued at $658,014,000 after buying an additional 1,232,825 shares in the last quarter. Finally, CWM LLC boosted its holdings in shares of SPDR Portfolio S&P 500 ETF by 2.4% in the 2nd quarter. CWM LLC now owns 6,665,684 shares of the company’s stock valued at $426,604,000 after buying an additional 156,870 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Trading Up 0.9 %

Shares of SPDR Portfolio S&P 500 ETF stock opened at $67.40 on Wednesday. The company has a fifty day simple moving average of $65.34 and a 200-day simple moving average of $63.43. SPDR Portfolio S&P 500 ETF has a 12-month low of $48.13 and a 12-month high of $67.58. The stock has a market cap of $39.30 billion, a price-to-earnings ratio of 26.64 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.