Bluestem Financial Advisors LLC Sells 4,307 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Bluestem Financial Advisors LLC trimmed its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 7.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 52,596 shares of the company’s stock after selling 4,307 shares during the quarter. SPDR Portfolio S&P 500 ETF accounts for approximately 1.7% of Bluestem Financial Advisors LLC’s investment portfolio, making the stock its 13th largest holding. Bluestem Financial Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $3,366,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in SPLG. Creative Planning increased its position in SPDR Portfolio S&P 500 ETF by 1.8% during the 4th quarter. Creative Planning now owns 26,525,460 shares of the company’s stock valued at $1,482,773,000 after purchasing an additional 467,975 shares during the period. Advance Capital Management Inc. increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 3.1% in the 2nd quarter. Advance Capital Management Inc. now owns 13,569,767 shares of the company’s stock valued at $868,465,000 after acquiring an additional 402,001 shares during the period. Envestnet Asset Management Inc. boosted its position in SPDR Portfolio S&P 500 ETF by 94.4% during the fourth quarter. Envestnet Asset Management Inc. now owns 8,405,094 shares of the company’s stock valued at $469,845,000 after purchasing an additional 4,080,428 shares in the last quarter. CWM LLC grew its stake in SPDR Portfolio S&P 500 ETF by 2.4% in the second quarter. CWM LLC now owns 6,665,684 shares of the company’s stock valued at $426,604,000 after purchasing an additional 156,870 shares during the last quarter. Finally, Advocacy Wealth Management Services LLC lifted its position in shares of SPDR Portfolio S&P 500 ETF by 168.5% during the first quarter. Advocacy Wealth Management Services LLC now owns 5,324,315 shares of the company’s stock valued at $327,605,000 after buying an additional 3,341,587 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Down 1.7 %

Shares of SPDR Portfolio S&P 500 ETF stock traded down $1.09 during trading on Friday, reaching $63.55. The company’s stock had a trading volume of 10,756,697 shares, compared to its average volume of 7,302,814. SPDR Portfolio S&P 500 ETF has a 1-year low of $48.13 and a 1-year high of $66.47. The company has a 50-day simple moving average of $64.63 and a two-hundred day simple moving average of $62.41. The company has a market cap of $37.06 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00.

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.