SPDR Portfolio S&P 500 ETF $SPLG Shares Sold by Daido Life Insurance Co.

Daido Life Insurance Co. reduced its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 64.9% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 154,785 shares of the company’s stock after selling 285,998 shares during the quarter. SPDR Portfolio S&P 500 ETF comprises 1.7% of Daido Life Insurance Co.’s holdings, making the stock its 6th largest position. Daido Life Insurance Co.’s holdings in SPDR Portfolio S&P 500 ETF were worth $12,126,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Westover Capital Advisors LLC grew its stake in SPDR Portfolio S&P 500 ETF by 0.4% during the second quarter. Westover Capital Advisors LLC now owns 35,931 shares of the company’s stock worth $2,612,000 after buying an additional 138 shares during the last quarter. Ranch Capital Advisors Inc. raised its stake in shares of SPDR Portfolio S&P 500 ETF by 0.7% in the second quarter. Ranch Capital Advisors Inc. now owns 21,013 shares of the company’s stock valued at $1,527,000 after acquiring an additional 143 shares during the last quarter. Spirepoint Private Client LLC boosted its holdings in shares of SPDR Portfolio S&P 500 ETF by 0.7% in the 3rd quarter. Spirepoint Private Client LLC now owns 22,289 shares of the company’s stock worth $1,746,000 after acquiring an additional 144 shares in the last quarter. Inscription Capital LLC boosted its holdings in shares of SPDR Portfolio S&P 500 ETF by 3.5% in the 3rd quarter. Inscription Capital LLC now owns 4,263 shares of the company’s stock worth $334,000 after acquiring an additional 146 shares in the last quarter. Finally, International Assets Investment Management LLC grew its position in SPDR Portfolio S&P 500 ETF by 3.3% during the 2nd quarter. International Assets Investment Management LLC now owns 4,666 shares of the company’s stock worth $339,000 after acquiring an additional 149 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPLG stock opened at $81.13 on Thursday. SPDR Portfolio S&P 500 ETF has a 52 week low of $56.67 and a 52 week high of $81.14. The stock has a market capitalization of $96.55 billion, a PE ratio of 25.61 and a beta of 1.00. The stock’s fifty day moving average is $80.83 and its 200-day moving average is $78.54.

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.