Northwest Capital Management Inc Trims Stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Northwest Capital Management Inc lessened its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 25.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 13,106 shares of the company’s stock after selling 4,565 shares during the quarter. Northwest Capital Management Inc’s holdings in SPDR Portfolio S&P 500 ETF were worth $904,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in SPLG. Sumitomo Life Insurance Co. lifted its position in SPDR Portfolio S&P 500 ETF by 18.4% during the fourth quarter. Sumitomo Life Insurance Co. now owns 9,052,600 shares of the company’s stock valued at $624,086,000 after buying an additional 1,410,000 shares during the period. National Mutual Insurance Federation of Agricultural Cooperatives increased its stake 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 in the last quarter. Gradient Investments LLC lifted its position in 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 valued at $327,832,000 after acquiring an additional 1,460,710 shares during the period. 1900 Wealth Management LLC boosted its stake in SPDR Portfolio S&P 500 ETF by 4.8% during the fourth quarter. 1900 Wealth Management LLC now owns 4,704,127 shares of the company’s stock worth $325,259,000 after acquiring an additional 213,820 shares in the last quarter. Finally, Private Advisor Group LLC boosted its stake in SPDR Portfolio S&P 500 ETF by 4.5% during the fourth quarter. Private Advisor Group LLC now owns 4,058,916 shares of the company’s stock worth $279,822,000 after acquiring an additional 173,333 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of NYSEARCA SPLG opened at $70.59 on Monday. The company has a 50 day simple moving average of $70.41 and a two-hundred day simple moving average of $68.64. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $58.08 and a fifty-two week high of $72.14. The company has a market capitalization of $58.62 billion, a price-to-earnings ratio of 26.92 and a beta of 1.01.

SPDR Portfolio S&P 500 ETF 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.