Cypress Financial Planning LLC Trims Stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Cypress Financial Planning LLC lessened its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 8.7% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 9,088 shares of the company’s stock after selling 870 shares during the period. Cypress Financial Planning LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $627,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of SPLG. Blue Trust Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 ETF during the third quarter valued at $31,000. ORG Wealth Partners LLC purchased a new position in SPDR Portfolio S&P 500 ETF in the 3rd quarter valued at about $33,000. Highline Wealth Partners LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF during the 3rd quarter worth about $36,000. Kayne Anderson Rudnick Investment Management LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF during the 2nd quarter worth about $49,000. Finally, Creekmur Asset Management LLC grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 3,595.2% during the third quarter. Creekmur Asset Management LLC now owns 776 shares of the company’s stock worth $52,000 after buying an additional 755 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPLG opened at $68.41 on Tuesday. SPDR Portfolio S&P 500 ETF has a 1 year low of $55.26 and a 1 year high of $71.64. The company’s 50 day simple moving average is $70.07 and its 200 day simple moving average is $67.30. The company has a market capitalization of $39.89 billion, a price-to-earnings ratio of 26.64 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.