CSM Advisors LLC Decreases Stake in SPDR Portfolio S&P 500 ETF $SPLG

CSM Advisors LLC lowered its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 11.2% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 169,677 shares of the company’s stock after selling 21,456 shares during the quarter. CSM Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $13,293,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SPLG. Clearstead Trust LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF during the second quarter valued at approximately $30,000. Center for Financial Planning Inc. purchased a new position in SPDR Portfolio S&P 500 ETF in the third quarter worth $37,000. Heritage Wealth Advisors bought a new position in SPDR Portfolio S&P 500 ETF in the 3rd quarter valued at $38,000. GAMMA Investing LLC bought a new position in SPDR Portfolio S&P 500 ETF in the 3rd quarter valued at $40,000. Finally, Wealth Watch Advisors INC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF during the 3rd quarter valued at $43,000.

SPDR Portfolio S&P 500 ETF Price Performance

NYSEARCA SPLG opened at $77.74 on Friday. The stock has a market capitalization of $92.51 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a one year low of $56.67 and a one year high of $81.14. The business’s fifty day moving average is $80.83 and its 200-day moving average is $79.59.

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. The sectors in which the Fund invests include information technology, financials, consumer discretionary, health care, industrials, energy, consumer staples, materials, utilities and telecommunication services.