Woodmont Investment Counsel LLC Sells 666 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Woodmont Investment Counsel LLC lowered its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 1.5% in the third quarter, Holdings Channel.com reports. The institutional investor owned 42,334 shares of the company’s stock after selling 666 shares during the period. Woodmont Investment Counsel LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $2,858,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. LPL Financial LLC raised its stake in SPDR Portfolio S&P 500 ETF by 8.0% during the second quarter. LPL Financial LLC now owns 32,127,760 shares of the company’s stock worth $2,056,177,000 after acquiring an additional 2,389,144 shares in the last quarter. Creative Planning increased its position in SPDR Portfolio S&P 500 ETF by 3.2% during the 3rd quarter. Creative Planning now owns 29,491,836 shares of the company’s stock worth $1,990,994,000 after purchasing an additional 915,823 shares in the last quarter. Advance Capital Management Inc. lifted its stake in SPDR Portfolio S&P 500 ETF by 3.1% in the 2nd quarter. Advance Capital Management Inc. now owns 13,569,767 shares of the company’s stock valued at $868,465,000 after purchasing an additional 402,001 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in SPDR Portfolio S&P 500 ETF by 13.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 10,281,461 shares of the company’s stock valued at $658,014,000 after purchasing an additional 1,232,825 shares during the last quarter. Finally, Sumitomo Life Insurance Co. boosted its position in SPDR Portfolio S&P 500 ETF by 50.1% in the third quarter. Sumitomo Life Insurance Co. now owns 7,642,600 shares of the company’s stock valued at $515,952,000 after buying an additional 2,550,000 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of NYSEARCA:SPLG opened at $69.51 on Thursday. SPDR Portfolio S&P 500 ETF has a 52-week low of $50.97 and a 52-week high of $69.62. The company has a market capitalization of $40.53 billion, a PE ratio of 26.64 and a beta of 1.00. The company has a fifty day moving average of $67.03 and a 200-day moving average of $64.54.

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.