SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Position Trimmed by JPMorgan Chase & Co.

JPMorgan Chase & Co. trimmed its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 5.9% in the third quarter, Holdings Channel.com reports. The firm owned 10,646,264 shares of the company’s stock after selling 666,160 shares during the quarter. JPMorgan Chase & Co.’s holdings in SPDR Portfolio S&P 500 ETF were worth $718,729,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Summit Financial Strategies Inc. lifted its stake in SPDR Portfolio S&P 500 ETF by 1.8% in the third quarter. Summit Financial Strategies Inc. now owns 8,790 shares of the company’s stock valued at $593,000 after acquiring an additional 155 shares during the last quarter. My Personal CFO LLC raised its holdings in shares of SPDR Portfolio S&P 500 ETF by 0.5% during the 3rd quarter. My Personal CFO LLC now owns 30,906 shares of the company’s stock valued at $2,086,000 after purchasing an additional 158 shares in the last quarter. Sigma Planning Corp boosted its holdings in SPDR Portfolio S&P 500 ETF by 0.7% in the third quarter. Sigma Planning Corp now owns 24,240 shares of the company’s stock worth $1,636,000 after purchasing an additional 170 shares in the last quarter. Invst LLC increased its position in SPDR Portfolio S&P 500 ETF by 1.5% during the second quarter. Invst LLC now owns 11,961 shares of the company’s stock worth $767,000 after buying an additional 172 shares during the last quarter. Finally, Main Street Financial Solutions LLC raised its holdings in SPDR Portfolio S&P 500 ETF by 4.9% during the third quarter. Main Street Financial Solutions LLC now owns 3,746 shares of the company’s stock valued at $253,000 after buying an additional 175 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

SPLG opened at $70.00 on Friday. The company has a market cap of $40.82 billion, a PE ratio of 26.64 and a beta of 1.00. The stock has a 50-day moving average of $69.82 and a 200-day moving average of $66.87. SPDR Portfolio S&P 500 ETF has a 52-week low of $54.87 and a 52-week high of $71.64.

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.