Pacific Financial Group Inc. Sells 1,587 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Pacific Financial Group Inc. decreased its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 7.1% in the third quarter, Holdings Channel.com reports. The firm owned 20,668 shares of the company’s stock after selling 1,587 shares during the quarter. SPDR Portfolio S&P 500 ETF comprises approximately 1.0% of Pacific Financial Group Inc.’s investment portfolio, making the stock its 23rd largest position. Pacific Financial Group Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,395,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Independent Advisor Alliance raised its holdings in SPDR Portfolio S&P 500 ETF by 27.5% in the third quarter. Independent Advisor Alliance now owns 144,727 shares of the company’s stock worth $9,771,000 after purchasing an additional 31,260 shares in the last quarter. Prosperity Financial Group Inc. grew its stake in shares of SPDR Portfolio S&P 500 ETF by 25.5% in the third quarter. Prosperity Financial Group Inc. now owns 17,857 shares of the company’s stock worth $1,206,000 after acquiring an additional 3,631 shares during the last quarter. Centaurus Financial Inc. grew its stake in shares of SPDR Portfolio S&P 500 ETF by 7.5% in the third quarter. Centaurus Financial Inc. now owns 96,292 shares of the company’s stock worth $6,501,000 after acquiring an additional 6,712 shares during the last quarter. Larson Financial Group LLC grew its stake in shares of SPDR Portfolio S&P 500 ETF by 9.6% in the third quarter. Larson Financial Group LLC now owns 396,269 shares of the company’s stock worth $26,752,000 after acquiring an additional 34,689 shares during the last quarter. Finally, Kingsview Wealth Management LLC grew its stake in shares of SPDR Portfolio S&P 500 ETF by 2.1% in the third quarter. Kingsview Wealth Management LLC now owns 115,302 shares of the company’s stock worth $7,784,000 after acquiring an additional 2,404 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Trading Up 0.3 %

NYSEARCA SPLG opened at $70.05 on Monday. SPDR Portfolio S&P 500 ETF has a 12 month low of $53.31 and a 12 month high of $70.59. The stock has a market cap of $40.85 billion, a P/E ratio of 26.64 and a beta of 1.00. The stock’s fifty day moving average price is $68.15 and its 200-day moving average price is $65.43.

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.