Brookstone Capital Management reduced its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG – Free Report) by 21.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 715,568 shares of the company’s stock after selling 194,322 shares during the period. SPDR Portfolio S&P 500 ETF accounts for about 0.7% of Brookstone Capital Management’s holdings, making the stock its 27th biggest position. Brookstone Capital Management owned 0.12% of SPDR Portfolio S&P 500 ETF worth $49,331,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds also recently added to or reduced their stakes in the company. National Mutual Insurance Federation of Agricultural Cooperatives boosted its position in shares of SPDR Portfolio S&P 500 ETF by 154.4% in the 3rd quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 7,555,000 shares of the company’s stock valued at $510,038,000 after purchasing an additional 4,585,000 shares during the period. Sumitomo Life Insurance Co. boosted its holdings in shares of 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 acquiring an additional 2,550,000 shares during the period. World Investment Advisors LLC grew its position in shares of SPDR Portfolio S&P 500 ETF by 908.3% during the third quarter. World Investment Advisors LLC now owns 1,695,058 shares of the company’s stock worth $114,433,000 after acquiring an additional 1,526,942 shares during the last quarter. Creative Planning grew its position in shares of SPDR Portfolio S&P 500 ETF by 3.6% during the second quarter. Creative Planning now owns 28,576,013 shares of the company’s stock worth $1,828,865,000 after acquiring an additional 1,005,769 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at $45,687,000.
SPDR Portfolio S&P 500 ETF Stock Down 0.4 %
NYSEARCA:SPLG traded down $0.29 during trading hours on Monday, reaching $68.01. 2,143,921 shares of the company’s stock were exchanged, compared to its average volume of 7,234,198. SPDR Portfolio S&P 500 ETF has a 1-year low of $55.26 and a 1-year high of $71.64. The firm has a market capitalization of $39.66 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00. The company has a 50-day moving average of $70.04 and a 200 day moving average of $67.27.
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.
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