Brookstone Capital Management Has $63.67 Million Holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Brookstone Capital Management decreased its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 30.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 972,085 shares of the company’s stock after selling 425,538 shares during the period. SPDR Portfolio S&P 500 ETF makes up about 1.0% of Brookstone Capital Management’s investment portfolio, making the stock its 18th largest holding. Brookstone Capital Management’s holdings in SPDR Portfolio S&P 500 ETF were worth $63,672,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in SPLG. Narus Financial Partners LLC lifted its stake in SPDR Portfolio S&P 500 ETF by 0.7% in the 2nd quarter. Narus Financial Partners LLC now owns 24,955 shares of the company’s stock valued at $1,597,000 after acquiring an additional 167 shares in the last quarter. Northwest Capital Management Inc lifted its position in shares of 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 worth $1,389,000 after purchasing an additional 180 shares in the last quarter. Hemenway Trust Co LLC boosted its holdings in SPDR Portfolio S&P 500 ETF by 1.6% during the first quarter. Hemenway Trust Co LLC now owns 13,570 shares of the company’s stock worth $835,000 after purchasing an additional 215 shares during the last quarter. Concourse Financial Group Securities Inc. grew its position 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 purchasing an additional 230 shares in the last quarter. Finally, Capital Investment Advisors LLC increased its stake in SPDR Portfolio S&P 500 ETF by 2.2% in the 2nd quarter. Capital Investment Advisors LLC now owns 10,548 shares of the company’s stock valued at $675,000 after buying an additional 231 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

NYSEARCA:SPLG traded up $0.14 on Friday, hitting $65.19. 5,463,731 shares of the company’s stock were exchanged, compared to its average volume of 7,446,012. The firm has a 50-day moving average price of $64.17 and a 200-day moving average price of $61.65. SPDR Portfolio S&P 500 ETF has a 52 week low of $48.13 and a 52 week high of $66.47. The company has a market cap of $38.02 billion, a P/E ratio of 26.64 and a beta of 1.00.

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.