Morling Financial Advisors LLC Sells 972 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Morling Financial Advisors LLC lessened its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 0.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 114,367 shares of the company’s stock after selling 972 shares during the period. SPDR Portfolio S&P 500 ETF comprises 2.6% of Morling Financial Advisors LLC’s holdings, making the stock its 12th biggest holding. Morling Financial Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $7,521,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Atria Investments Inc grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 5.7% during the first quarter. Atria Investments Inc now owns 220,636 shares of the company’s stock worth $14,509,000 after purchasing an additional 11,807 shares during the last quarter. AJ Advisors LLC grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 3.1% during the first quarter. AJ Advisors LLC now owns 7,745 shares of the company’s stock worth $509,000 after purchasing an additional 231 shares during the last quarter. Carnegie Investment Counsel grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 10.9% during the first quarter. Carnegie Investment Counsel now owns 327,939 shares of the company’s stock worth $21,565,000 after purchasing an additional 32,224 shares during the last quarter. Black Swift Group LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF during the first quarter worth about $3,348,000. Finally, Wedbush Securities Inc. grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 9.2% during the first quarter. Wedbush Securities Inc. now owns 5,597 shares of the company’s stock worth $368,000 after purchasing an additional 470 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of NYSEARCA:SPLG traded up $0.18 during midday trading on Thursday, hitting $74.77. 1,461,849 shares of the stock were exchanged, compared to its average volume of 9,972,234. The stock has a market capitalization of $78.18 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00. The business’s 50-day moving average price is $71.32 and its 200 day moving average price is $68.72. SPDR Portfolio S&P 500 ETF has a 12 month low of $56.67 and a 12 month high of $74.77.

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.