EverSource Wealth Advisors LLC Cuts Stock Holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

EverSource Wealth Advisors LLC reduced its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 10.7% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,828 shares of the company’s stock after selling 1,303 shares during the period. EverSource Wealth Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $639,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Northwest Capital Management Inc increased its holdings in SPDR Portfolio S&P 500 ETF by 0.8% in the first quarter. Northwest Capital Management Inc now owns 22,580 shares of the company’s stock valued at $1,389,000 after buying an additional 180 shares in the last quarter. Hemenway Trust Co LLC increased its holdings in SPDR Portfolio S&P 500 ETF by 1.6% in the first quarter. Hemenway Trust Co LLC now owns 13,570 shares of the company’s stock valued at $835,000 after buying an additional 215 shares in the last quarter. Concourse Financial Group Securities Inc. increased its holdings in SPDR Portfolio S&P 500 ETF by 2.8% in the fourth quarter. Concourse Financial Group Securities Inc. now owns 8,436 shares of the company’s stock valued at $472,000 after buying an additional 230 shares in the last quarter. Allworth Financial LP increased its holdings in SPDR Portfolio S&P 500 ETF by 4.9% in the fourth quarter. Allworth Financial LP now owns 5,106 shares of the company’s stock valued at $285,000 after buying an additional 239 shares in the last quarter. Finally, Kestra Private Wealth Services LLC increased its holdings in SPDR Portfolio S&P 500 ETF by 5.6% in the fourth quarter. Kestra Private Wealth Services LLC now owns 4,682 shares of the company’s stock valued at $262,000 after buying an additional 249 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Trading Down 1.8 %

Shares of SPLG stock traded down $1.17 during trading hours on Friday, hitting $62.69. The company’s stock had a trading volume of 9,757,080 shares, compared to its average volume of 7,412,989. The business has a fifty day moving average of $64.04 and a 200-day moving average of $61.23. The stock has a market cap of $36.56 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a twelve month low of $48.13 and a twelve month high of $66.47.

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.