Sequoia Financial Advisors LLC Sells 21,358 Shares of SPDR Portfolio S&P 500 ETF $SPLG

Sequoia Financial Advisors LLC cut its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 3.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 541,077 shares of the company’s stock after selling 21,358 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $42,388,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Etesian Wealth Advisors Inc. boosted its position in SPDR Portfolio S&P 500 ETF by 37.6% in the 3rd quarter. Etesian Wealth Advisors Inc. now owns 63,745 shares of the company’s stock valued at $4,994,000 after buying an additional 17,404 shares during the last quarter. American Financial Advisors LLC lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 236.7% during the third quarter. American Financial Advisors LLC now owns 35,502 shares of the company’s stock valued at $2,781,000 after acquiring an additional 24,957 shares during the period. Mattson Financial Services LLC increased its position in SPDR Portfolio S&P 500 ETF by 27.7% in the third quarter. Mattson Financial Services LLC now owns 182,977 shares of the company’s stock worth $14,334,000 after purchasing an additional 39,708 shares during the period. 49 Wealth Management LLC increased its position in SPDR Portfolio S&P 500 ETF by 23.9% in the second quarter. 49 Wealth Management LLC now owns 1,593,630 shares of the company’s stock worth $115,841,000 after purchasing an additional 307,109 shares during the period. Finally, Citizens Financial Group Inc. RI raised its holdings in SPDR Portfolio S&P 500 ETF by 14.4% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 172,812 shares of the company’s stock worth $13,538,000 after purchasing an additional 21,788 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Trading Down 0.1%

Shares of NYSEARCA SPLG opened at $81.38 on Friday. SPDR Portfolio S&P 500 ETF has a 1 year low of $56.67 and a 1 year high of $81.14. The firm’s 50-day moving average is $80.19 and its 200-day moving average is $77.83. The firm has a market capitalization of $96.85 billion, a PE ratio of 25.61 and a beta of 1.00.

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. The sectors in which the Fund invests include information technology, financials, consumer discretionary, health care, industrials, energy, consumer staples, materials, utilities and telecommunication services.