FLC Capital Advisors Reduces Stock Holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

FLC Capital Advisors cut its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 5.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 6,439 shares of the company’s stock after selling 337 shares during the quarter. FLC Capital Advisors’ holdings in SPDR Portfolio S&P 500 ETF were worth $444,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Financial Futures Ltd Liability Co. raised its holdings in shares of SPDR Portfolio S&P 500 ETF by 3.6% in the third quarter. Financial Futures Ltd Liability Co. now owns 233,519 shares of the company’s stock worth $15,765,000 after acquiring an additional 8,212 shares during the last quarter. Continuum Advisory LLC raised its stake in SPDR Portfolio S&P 500 ETF by 1.5% in the 3rd quarter. Continuum Advisory LLC now owns 129,586 shares of the company’s stock valued at $9,044,000 after purchasing an additional 1,924 shares during the last quarter. Barclays PLC raised its stake in SPDR Portfolio S&P 500 ETF by 170.0% in the 3rd quarter. Barclays PLC now owns 1,350 shares of the company’s stock valued at $91,000 after purchasing an additional 850 shares during the last quarter. Kingsview Wealth Management LLC lifted its holdings in SPDR Portfolio S&P 500 ETF by 2.1% in the 3rd quarter. Kingsview Wealth Management LLC now owns 115,302 shares of the company’s stock valued at $7,784,000 after purchasing an additional 2,404 shares in the last quarter. Finally, Bleakley Financial Group LLC raised its position in shares of SPDR Portfolio S&P 500 ETF by 5.2% in the third quarter. Bleakley Financial Group LLC now owns 18,669 shares of the company’s stock valued at $1,260,000 after buying an additional 926 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of NYSEARCA SPLG opened at $70.29 on Monday. The firm’s 50 day moving average price is $70.08 and its 200 day moving average price is $67.45. The firm has a market cap of $40.99 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 $55.56 and a 1 year high of $71.64.

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.