TCP Asset Management LLC Sells 2,217 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

TCP Asset Management LLC trimmed its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 10.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,785 shares of the company’s stock after selling 2,217 shares during the quarter. TCP Asset Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,217,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SPLG. Creative Planning lifted its position in SPDR Portfolio S&P 500 ETF by 1.8% in the 4th quarter. Creative Planning now owns 26,525,460 shares of the company’s stock valued at $1,482,773,000 after acquiring an additional 467,975 shares in the last quarter. Advance Capital Management Inc. boosted its position in shares of SPDR Portfolio S&P 500 ETF by 121.0% during the first quarter. Advance Capital Management Inc. now owns 13,167,766 shares of the company’s stock worth $810,213,000 after buying an additional 7,210,793 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 30.6% during the third quarter. JPMorgan Chase & Co. now owns 10,044,571 shares of the company’s stock worth $504,862,000 after buying an additional 2,351,596 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 94.4% during the fourth quarter. Envestnet Asset Management Inc. now owns 8,405,094 shares of the company’s stock worth $469,845,000 after buying an additional 4,080,428 shares in the last quarter. Finally, CWM LLC raised its position in SPDR Portfolio S&P 500 ETF by 32.4% in the 4th quarter. CWM LLC now owns 5,921,040 shares of the company’s stock valued at $330,986,000 after buying an additional 1,450,389 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

NYSEARCA:SPLG traded up $0.28 during trading hours on Wednesday, reaching $64.86. 2,845,466 shares of the stock were exchanged, compared to its average volume of 7,656,597. The stock has a market cap of $37.82 billion, a PE ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a twelve month low of $48.13 and a twelve month high of $64.90. The firm has a 50 day moving average of $62.37 and a 200 day moving average of $59.87.

About SPDR Portfolio S&P 500 ETF

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.