Advisors Capital Management LLC Lowers Stock Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Advisors Capital Management LLC trimmed its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 36.0% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 6,380 shares of the company’s stock after selling 3,584 shares during the period. Advisors Capital Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $440,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. State Street Corp grew its stake in SPDR Portfolio S&P 500 ETF by 61.5% during the third quarter. State Street Corp now owns 1,264,596 shares of the company’s stock worth $85,373,000 after buying an additional 481,787 shares during the period. Barclays PLC boosted its position in SPDR Portfolio S&P 500 ETF by 170.0% during the 3rd quarter. Barclays PLC now owns 1,350 shares of the company’s stock worth $91,000 after purchasing an additional 850 shares during the period. Invst LLC boosted its position in SPDR Portfolio S&P 500 ETF by 1.9% during the 3rd quarter. Invst LLC now owns 12,190 shares of the company’s stock worth $823,000 after purchasing an additional 229 shares during the period. Aldebaran Financial Inc. increased its holdings in SPDR Portfolio S&P 500 ETF by 14.8% in the 3rd quarter. Aldebaran Financial Inc. now owns 38,155 shares of the company’s stock valued at $2,576,000 after purchasing an additional 4,917 shares in the last quarter. Finally, Anchor Investment Management LLC raised its position in SPDR Portfolio S&P 500 ETF by 5.3% in the third quarter. Anchor Investment Management LLC now owns 12,541 shares of the company’s stock valued at $847,000 after purchasing an additional 634 shares during the period.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of SPLG opened at $63.22 on Wednesday. SPDR Portfolio S&P 500 ETF has a 12 month low of $56.67 and a 12 month high of $72.14. The stock has a market cap of $57.06 billion, a PE ratio of 24.63 and a beta of 1.01. The stock’s 50-day moving average is $66.93 and its two-hundred day moving average is $68.65.

SPDR Portfolio S&P 500 ETF 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.