Pinion Investment Advisors LLC Trims Stock Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Pinion Investment Advisors LLC decreased its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 0.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 27,728 shares of the company’s stock after selling 179 shares during the period. SPDR Portfolio S&P 500 ETF accounts for approximately 0.8% of Pinion Investment Advisors LLC’s investment portfolio, making the stock its 26th largest position. Pinion Investment Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,912,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Jones Financial Companies Lllp lifted its position in SPDR Portfolio S&P 500 ETF by 14,332.4% in the fourth quarter. Jones Financial Companies Lllp now owns 15,584,437 shares of the company’s stock valued at $1,074,391,000 after buying an additional 15,476,455 shares during the last quarter. Sumitomo Life Insurance Co. raised its stake in shares of SPDR Portfolio S&P 500 ETF by 18.4% in the 4th quarter. Sumitomo Life Insurance Co. now owns 9,052,600 shares of the company’s stock valued at $624,086,000 after acquiring an additional 1,410,000 shares during the period. National Mutual Insurance Federation of Agricultural Cooperatives lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 18.5% in the 4th quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 8,953,000 shares of the company’s stock worth $617,220,000 after acquiring an additional 1,398,000 shares during the last quarter. Gradient Investments LLC boosted its position in shares of SPDR Portfolio S&P 500 ETF by 44.3% during the 4th quarter. Gradient Investments LLC now owns 4,755,325 shares of the company’s stock worth $327,832,000 after purchasing an additional 1,460,710 shares during the period. Finally, 1900 Wealth Management LLC increased its holdings in SPDR Portfolio S&P 500 ETF by 4.8% in the 4th quarter. 1900 Wealth Management LLC now owns 4,704,127 shares of the company’s stock valued at $325,259,000 after purchasing an additional 213,820 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Trading Down 1.7 %

Shares of NYSEARCA SPLG opened at $68.70 on Tuesday. The stock has a market capitalization of $57.05 billion, a PE ratio of 26.92 and a beta of 1.01. SPDR Portfolio S&P 500 ETF has a twelve month low of $58.08 and a twelve month high of $72.14. The stock has a fifty day simple moving average of $70.36 and a 200-day simple moving average of $68.90.

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.