SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Shares Sold by Buttonwood Financial Group LLC

Buttonwood Financial Group LLC lessened its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 9.0% in the 1st quarter, Holdings Channel reports. The institutional investor owned 484,366 shares of the company’s stock after selling 47,826 shares during the quarter. SPDR Portfolio S&P 500 ETF accounts for 17.5% of Buttonwood Financial Group LLC’s holdings, making the stock its biggest position. Buttonwood Financial Group LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $29,886,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Jones Financial Companies Lllp lifted its position in shares of SPDR Portfolio S&P 500 ETF by 14,332.4% in the fourth quarter. Jones Financial Companies Lllp now owns 15,584,437 shares of the company’s stock worth $1,074,391,000 after purchasing an additional 15,476,455 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the fourth quarter worth $269,842,000. LPL Financial LLC lifted its position in shares of SPDR Portfolio S&P 500 ETF by 10.4% in the fourth quarter. LPL Financial LLC now owns 39,316,849 shares of the company’s stock worth $2,710,503,000 after purchasing an additional 3,697,646 shares in the last quarter. NorthRock Partners LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the fourth quarter worth $222,015,000. Finally, Independent Advisor Alliance lifted its position in shares of SPDR Portfolio S&P 500 ETF by 2,019.1% in the fourth quarter. Independent Advisor Alliance now owns 3,066,946 shares of the company’s stock worth $211,435,000 after purchasing an additional 2,922,219 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Up 1.0%

Shares of SPLG stock opened at $70.47 on Friday. The company’s fifty day simple moving average is $65.78 and its 200-day simple moving average is $68.27. The firm has a market cap of $68.49 billion, a PE ratio of 24.62 and a beta of 1.01. SPDR Portfolio S&P 500 ETF has a 12 month low of $56.67 and a 12 month high of $72.14.

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.