MAS Advisors LLC Sells 12,127 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

MAS Advisors LLC decreased its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 50.0% during the 4th quarter, HoldingsChannel.com reports. The fund owned 12,121 shares of the company’s stock after selling 12,127 shares during the period. SPDR Portfolio S&P 500 ETF makes up 1.4% of MAS Advisors LLC’s portfolio, making the stock its 22nd largest position. MAS Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $836,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Swmg LLC grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 0.3% in the fourth quarter. Swmg LLC now owns 49,271 shares of the company’s stock worth $3,515,000 after purchasing an additional 144 shares during the last quarter. Integrity Wealth Solutions LLC grew its stake in shares of SPDR Portfolio S&P 500 ETF by 0.5% in the fourth quarter. Integrity Wealth Solutions LLC now owns 28,653 shares of the company’s stock worth $1,975,000 after purchasing an additional 145 shares during the last quarter. Sound Income Strategies LLC raised its position in SPDR Portfolio S&P 500 ETF by 19.9% during the 4th quarter. Sound Income Strategies LLC now owns 922 shares of the company’s stock valued at $64,000 after purchasing an additional 153 shares during the last quarter. 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 worth $593,000 after acquiring an additional 155 shares during the period. Finally, My Personal CFO LLC lifted its position in shares of SPDR Portfolio S&P 500 ETF by 0.5% in the 3rd quarter. My Personal CFO LLC now owns 30,906 shares of the company’s stock worth $2,086,000 after purchasing an additional 158 shares during the period.

SPDR Portfolio S&P 500 ETF Price Performance

SPLG stock opened at $70.79 on Wednesday. The firm has a 50-day moving average of $70.33 and a 200 day moving average of $67.86. The company has a market cap of $41.28 billion, a P/E ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 1 year low of $57.67 and a 1 year high of $71.85.

About SPDR Portfolio S&P 500 ETF

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.