New Perspectives Inc Sells 16,572 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

New Perspectives Inc lowered its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 1.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 866,924 shares of the company’s stock after selling 16,572 shares during the quarter. SPDR Portfolio S&P 500 ETF comprises about 32.0% of New Perspectives Inc’s portfolio, making the stock its biggest holding. New Perspectives Inc owned 0.15% of SPDR Portfolio S&P 500 ETF worth $59,766,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. ORG Wealth Partners LLC acquired a new position in SPDR Portfolio S&P 500 ETF during the third quarter worth about $33,000. Blue Trust Inc. acquired a new position in shares of SPDR Portfolio S&P 500 ETF in the 3rd quarter worth approximately $31,000. Highline Wealth Partners LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the 3rd quarter worth approximately $36,000. West Branch Capital LLC bought a new stake in SPDR Portfolio S&P 500 ETF during the fourth quarter worth approximately $41,000. Finally, Decker Retirement Planning Inc. acquired a new position in SPDR Portfolio S&P 500 ETF in the fourth quarter worth approximately $43,000.

SPDR Portfolio S&P 500 ETF Stock Performance

NYSEARCA SPLG opened at $71.51 on Monday. SPDR Portfolio S&P 500 ETF has a 1 year low of $56.80 and a 1 year high of $71.85. The business’s fifty day moving average is $70.20 and its two-hundred day moving average is $67.65. The stock has a market capitalization of $41.70 billion, a P/E ratio of 26.64 and a beta of 1.00.

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.