W.H. Cornerstone Investments Inc. Sells 45,359 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

W.H. Cornerstone Investments Inc. trimmed its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 27.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 122,088 shares of the company’s stock after selling 45,359 shares during the quarter. SPDR Portfolio S&P 500 ETF accounts for 5.4% of W.H. Cornerstone Investments Inc.’s portfolio, making the stock its 2nd largest position. W.H. Cornerstone Investments Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $6,825,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Creative Planning boosted its holdings in SPDR Portfolio S&P 500 ETF by 2.7% during the third quarter. Creative Planning now owns 26,057,485 shares of the company’s stock valued at $1,309,649,000 after purchasing an additional 690,119 shares in the last quarter. LPL Financial LLC boosted its stake in SPDR Portfolio S&P 500 ETF by 10.9% in the 3rd quarter. LPL Financial LLC now owns 22,823,121 shares of the company’s stock valued at $1,147,090,000 after buying an additional 2,235,952 shares in the last quarter. JPMorgan Chase & Co. grew its position in SPDR Portfolio S&P 500 ETF by 30.6% in the third quarter. JPMorgan Chase & Co. now owns 10,044,571 shares of the company’s stock valued at $504,862,000 after acquiring an additional 2,351,596 shares during the period. Advance Capital Management Inc. grew its position in SPDR Portfolio S&P 500 ETF by 200.6% in the fourth quarter. Advance Capital Management Inc. now owns 5,956,973 shares of the company’s stock valued at $332,995,000 after acquiring an additional 3,975,462 shares during the period. Finally, CWM LLC raised its stake in SPDR Portfolio S&P 500 ETF by 32.4% during the fourth quarter. CWM LLC now owns 5,921,040 shares of the company’s stock worth $330,986,000 after acquiring an additional 1,450,389 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of NYSEARCA:SPLG traded up $0.72 on Friday, hitting $60.13. The stock had a trading volume of 8,827,823 shares, compared to its average volume of 8,710,455. The company has a market capitalization of $33.92 billion, a price-to-earnings ratio of 25.60 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a twelve month low of $47.48 and a twelve month high of $61.69. The firm’s 50 day moving average price is $60.21 and its 200-day moving average price is $56.71.

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.