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

HBW Advisory Services LLC cut its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 10.5% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 10,647 shares of the company’s stock after selling 1,244 shares during the period. HBW Advisory Services LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $719,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Goldman Sachs Group Inc. boosted its position in shares of SPDR Portfolio S&P 500 ETF by 97.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,542,711 shares of the company’s stock worth $86,238,000 after buying an additional 759,583 shares during the period. Wescott Financial Advisory Group LLC grew its position in SPDR Portfolio S&P 500 ETF by 0.7% in the fourth quarter. Wescott Financial Advisory Group LLC now owns 65,582 shares of the company’s stock valued at $3,666,000 after acquiring an additional 481 shares in the last quarter. Waterloo Capital L.P. grew its position in SPDR Portfolio S&P 500 ETF by 2.3% in the fourth quarter. Waterloo Capital L.P. now owns 104,106 shares of the company’s stock valued at $5,820,000 after acquiring an additional 2,339 shares in the last quarter. Core Wealth Advisors Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter valued at approximately $16,624,000. Finally, MGO One Seven LLC lifted its position in shares of SPDR Portfolio S&P 500 ETF by 353.4% during the fourth quarter. MGO One Seven LLC now owns 51,302 shares of the company’s stock worth $2,868,000 after purchasing an additional 39,986 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

SPLG traded up $0.60 during trading hours on Friday, reaching $67.39. 5,649,399 shares of the stock traded hands, compared to its average volume of 7,304,050. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $48.13 and a fifty-two week high of $67.58. The company has a market cap of $39.30 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00. The firm’s fifty day simple moving average is $65.21 and its two-hundred day simple moving average is $63.32.

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.