SPDR Portfolio S&P 500 ETF $SPLG Position Decreased by New Perspectives Inc

New Perspectives Inc trimmed its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 5.5% during the third quarter, HoldingsChannel reports. The fund owned 730,687 shares of the company’s stock after selling 42,854 shares during the quarter. SPDR Portfolio S&P 500 ETF comprises 25.6% of New Perspectives Inc’s holdings, making the stock its biggest position. New Perspectives Inc’s holdings in SPDR Portfolio S&P 500 ETF were worth $57,242,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its holdings in SPDR Portfolio S&P 500 ETF by 88.5% in the 2nd quarter. Bank of America Corp DE now owns 59,401,970 shares of the company’s stock valued at $4,317,929,000 after purchasing an additional 27,889,948 shares in the last quarter. Creative Planning raised its stake in shares of SPDR Portfolio S&P 500 ETF by 1.0% during the 2nd quarter. Creative Planning now owns 31,140,324 shares of the company’s stock worth $2,263,590,000 after buying an additional 319,951 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 99.4% in the 1st quarter. Jones Financial Companies Lllp now owns 31,074,010 shares of the company’s stock valued at $2,031,308,000 after buying an additional 15,489,573 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of SPDR Portfolio S&P 500 ETF by 11.4% in the second quarter. Envestnet Asset Management Inc. now owns 15,884,712 shares of the company’s stock valued at $1,154,660,000 after buying an additional 1,624,308 shares in the last quarter. Finally, CWM LLC grew its holdings in SPDR Portfolio S&P 500 ETF by 17.2% during the second quarter. CWM LLC now owns 9,940,516 shares of the company’s stock worth $722,576,000 after acquiring an additional 1,456,291 shares during the period.

SPDR Portfolio S&P 500 ETF Stock Performance

NYSEARCA:SPLG opened at $80.92 on Wednesday. SPDR Portfolio S&P 500 ETF has a 1 year low of $56.67 and a 1 year high of $81.14. The stock has a fifty day moving average price of $79.96 and a two-hundred day moving average price of $77.34. The stock has a market capitalization of $96.30 billion, a price-to-earnings ratio of 25.61 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. The sectors in which the Fund invests include information technology, financials, consumer discretionary, health care, industrials, energy, consumer staples, materials, utilities and telecommunication services.