Compass Ion Advisors LLC Reduces Holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Compass Ion Advisors LLC cut its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 2.2% during the 1st quarter, HoldingsChannel.com reports. The fund owned 1,054,514 shares of the company’s stock after selling 23,782 shares during the period. SPDR Portfolio S&P 500 ETF makes up 9.3% of Compass Ion Advisors LLC’s investment portfolio, making the stock its 2nd largest position. Compass Ion Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $64,884,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of SPLG. Evensky & Katz LLC purchased a new stake in SPDR Portfolio S&P 500 ETF in the 1st quarter worth $27,000. Tsfg LLC increased its stake in SPDR Portfolio S&P 500 ETF by 255.5% in the 4th quarter. Tsfg LLC now owns 551 shares of the company’s stock worth $31,000 after buying an additional 396 shares in the last quarter. Chilton Capital Management LLC purchased a new stake in SPDR Portfolio S&P 500 ETF in the 4th quarter worth $31,000. Tower View Wealth Management LLC grew its position in shares of SPDR Portfolio S&P 500 ETF by 416.8% during the fourth quarter. Tower View Wealth Management LLC now owns 615 shares of the company’s stock valued at $34,000 after purchasing an additional 496 shares in the last quarter. Finally, Rakuten Securities Inc. purchased a new position in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter valued at about $35,000.

SPDR Portfolio S&P 500 ETF Stock Down 0.4 %

Shares of SPDR Portfolio S&P 500 ETF stock opened at $64.00 on Monday. The firm has a market cap of $37.32 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00. The business has a 50-day moving average price of $62.05 and a 200-day moving average price of $59.71. SPDR Portfolio S&P 500 ETF has a twelve month low of $48.13 and a twelve month high of $64.72.

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.