Cary Street Partners Investment Advisory LLC Sells 7,696 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Cary Street Partners Investment Advisory LLC cut its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 91.2% in the 1st quarter, HoldingsChannel.com reports. The fund owned 747 shares of the company’s stock after selling 7,696 shares during the period. Cary Street Partners Investment Advisory LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $49,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. LPL Financial LLC increased its position in SPDR Portfolio S&P 500 ETF by 6.7% in the 1st quarter. LPL Financial LLC now owns 41,960,691 shares of the company’s stock valued at $2,759,335,000 after buying an additional 2,643,842 shares in the last quarter. Envestnet Asset Management Inc. increased its position in SPDR Portfolio S&P 500 ETF by 10.3% in the 1st quarter. Envestnet Asset Management Inc. now owns 14,260,404 shares of the company’s stock valued at $937,764,000 after buying an additional 1,335,809 shares in the last quarter. Allianz Asset Management GmbH increased its holdings in SPDR Portfolio S&P 500 ETF by 38.6% during the 1st quarter. Allianz Asset Management GmbH now owns 12,846,198 shares of the company’s stock worth $844,766,000 after purchasing an additional 3,577,176 shares in the last quarter. CWM LLC increased its holdings in SPDR Portfolio S&P 500 ETF by 7.8% during the 1st quarter. CWM LLC now owns 8,484,225 shares of the company’s stock worth $557,923,000 after purchasing an additional 613,217 shares in the last quarter. Finally, Clark Capital Management Group Inc. increased its holdings in SPDR Portfolio S&P 500 ETF by 10.7% during the 4th quarter. Clark Capital Management Group Inc. now owns 7,116,129 shares of the company’s stock worth $490,586,000 after purchasing an additional 689,476 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPLG opened at $74.44 on Thursday. The stock has a 50 day moving average price of $72.37 and a two-hundred day moving average price of $69.07. The firm has a market capitalization of $77.83 billion, a P/E ratio of 25.61 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 52 week low of $56.67 and a 52 week high of $75.28.

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.