Raleigh Capital Management Inc. Decreases Stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Raleigh Capital Management Inc. decreased its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 2.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,906 shares of the company’s stock after selling 222 shares during the period. Raleigh Capital Management Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $545,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Kayne Anderson Rudnick Investment Management LLC purchased a new position in shares of SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at about $49,000. Bank of Montreal Can boosted its stake in shares of SPDR Portfolio S&P 500 ETF by 8.2% during the 2nd quarter. Bank of Montreal Can now owns 39,384 shares of the company’s stock worth $2,533,000 after purchasing an additional 2,997 shares during the last quarter. Marshall Wace LLP acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the second quarter worth approximately $2,082,000. AQR Capital Management LLC boosted its position in shares of SPDR Portfolio S&P 500 ETF by 1.9% in the second quarter. AQR Capital Management LLC now owns 45,157 shares of the company’s stock worth $2,890,000 after acquiring an additional 844 shares during the last quarter. Finally, Drucker Wealth 3.0 LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the second quarter worth approximately $562,000.

SPDR Portfolio S&P 500 ETF Stock Performance

NYSEARCA SPLG opened at $71.34 on Thursday. SPDR Portfolio S&P 500 ETF has a one year low of $56.80 and a one year high of $71.64. The company’s 50 day moving average price is $70.09 and its 200 day moving average price is $67.52. The firm has a market capitalization of $41.60 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00.

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.