Atria Investments Inc Cuts Stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Atria Investments Inc lessened its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 26.8% during the fourth quarter, Holdings Channel.com reports. The firm owned 208,829 shares of the company’s stock after selling 76,553 shares during the quarter. Atria Investments Inc’s holdings in SPDR Portfolio S&P 500 ETF were worth $14,397,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Elevation Wealth Partners LLC purchased a new stake in SPDR Portfolio S&P 500 ETF during the 4th quarter valued at about $26,000. Hemington Wealth Management bought a new stake in SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $30,000. Halbert Hargrove Global Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter valued at approximately $37,000. Comprehensive Financial Planning Inc. PA bought a new position in shares of SPDR Portfolio S&P 500 ETF in the fourth quarter worth approximately $39,000. Finally, West Branch Capital LLC purchased a new position in shares of SPDR Portfolio S&P 500 ETF in the fourth quarter worth $41,000.

SPDR Portfolio S&P 500 ETF Stock Down 1.2 %

Shares of SPLG opened at $67.87 on Wednesday. The firm has a fifty day simple moving average of $70.30 and a two-hundred day simple moving average of $68.92. 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 market capitalization of $56.36 billion, a P/E ratio of 26.92 and a beta of 1.01.

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.