Gradient Investments LLC Sells 316,476 Shares of SPDR Portfolio Large Cap ETF (NYSEARCA:SPLG)

Gradient Investments LLC reduced its position in SPDR Portfolio Large Cap ETF (NYSEARCA:SPLG) by 42.6% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 426,864 shares of the company’s stock after selling 316,476 shares during the period. SPDR Portfolio Large Cap ETF makes up 0.7% of Gradient Investments LLC’s investment portfolio, making the stock its 23rd largest holding. Gradient Investments LLC owned about 0.51% of SPDR Portfolio Large Cap ETF worth $14,876,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Sound Income Strategies LLC lifted its stake in SPDR Portfolio Large Cap ETF by 867.1% during the 3rd quarter. Sound Income Strategies LLC now owns 735 shares of the company’s stock valued at $26,000 after acquiring an additional 659 shares in the last quarter. Certified Advisory Corp bought a new position in SPDR Portfolio Large Cap ETF during the 2nd quarter valued at $28,000. Winch Advisory Services LLC bought a new position in SPDR Portfolio Large Cap ETF during the 2nd quarter valued at $35,000. Integrated Wealth Concepts LLC lifted its stake in SPDR Portfolio Large Cap ETF by 25.8% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 12,950 shares of the company’s stock valued at $48,000 after acquiring an additional 2,654 shares in the last quarter. Finally, Laurel Wealth Advisors LLC lifted its stake in SPDR Portfolio Large Cap ETF by 115.8% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,050 shares of the company’s stock valued at $71,000 after acquiring an additional 1,100 shares in the last quarter.

NYSEARCA:SPLG traded up $0.49 during trading hours on Thursday, hitting $34.38. 409,409 shares of the company traded hands, compared to its average volume of 812,946. The firm’s 50-day simple moving average is $34.61 and its 200-day simple moving average is $34.26. SPDR Portfolio Large Cap ETF has a one year low of $27.30 and a one year high of $35.59.

The business also recently disclosed a — dividend, which was paid on Wednesday, September 25th. Shareholders of record on Monday, September 23rd were paid a dividend of $0.1701 per share. This represents a yield of 1.9%. The ex-dividend date of this dividend was Friday, September 20th.

SPDR Portfolio Large Cap 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.

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Institutional Ownership by Quarter for SPDR Portfolio Large Cap ETF (NYSEARCA:SPLG)

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