BNP Paribas Financial Markets Sells 69,779 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

BNP Paribas Financial Markets cut its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 43.0% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 92,316 shares of the company’s stock after selling 69,779 shares during the quarter. BNP Paribas Financial Markets’ holdings in SPDR Portfolio S&P 500 ETF were worth $6,232,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Mather Group LLC. raised its stake in shares of SPDR Portfolio S&P 500 ETF by 55.0% in the second quarter. Mather Group LLC. now owns 4,868 shares of the company’s stock worth $300,000 after acquiring an additional 1,728 shares during the last quarter. Fulton Bank N.A. acquired a new position in SPDR Portfolio S&P 500 ETF during the 2nd quarter worth $311,000. Kingswood Wealth Advisors LLC boosted its position in SPDR Portfolio S&P 500 ETF by 17.6% in the 2nd quarter. Kingswood Wealth Advisors LLC now owns 21,681 shares of the company’s stock valued at $1,388,000 after buying an additional 3,239 shares during the last quarter. Stewardship Advisors LLC increased its stake in shares of SPDR Portfolio S&P 500 ETF by 2.6% in the 2nd quarter. Stewardship Advisors LLC now owns 11,841 shares of the company’s stock valued at $758,000 after buying an additional 304 shares during the period. Finally, RDA Financial Network raised its position in shares of SPDR Portfolio S&P 500 ETF by 229.5% during the second quarter. RDA Financial Network now owns 38,987 shares of the company’s stock worth $2,495,000 after acquiring an additional 27,154 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Up 0.2 %

Shares of SPLG opened at $71.01 on Tuesday. The stock’s fifty day simple moving average is $68.63 and its 200-day simple moving average is $65.81. The firm has a market capitalization of $41.41 billion, a PE ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 12-month low of $53.43 and a 12-month high of $71.09.

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.