Arcadia Investment Management Corp MI Sells 1,025 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Arcadia Investment Management Corp MI reduced its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 23.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,325 shares of the company’s stock after selling 1,025 shares during the quarter. Arcadia Investment Management Corp MI’s holdings in SPDR Portfolio S&P 500 ETF were worth $186,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in SPLG. Venturi Wealth Management LLC acquired a new stake in SPDR Portfolio S&P 500 ETF during the 3rd quarter valued at $31,000. Chilton Capital Management LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $31,000. Tsfg LLC grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 255.5% during the 4th quarter. Tsfg LLC now owns 551 shares of the company’s stock worth $31,000 after purchasing an additional 396 shares in the last quarter. Tower View Wealth Management LLC grew its stake in SPDR Portfolio S&P 500 ETF by 416.8% during the fourth quarter. Tower View Wealth Management LLC now owns 615 shares of the company’s stock worth $34,000 after buying an additional 496 shares in the last quarter. Finally, Rakuten Securities Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 ETF during the 4th quarter worth approximately $35,000.

SPDR Portfolio S&P 500 ETF Trading Up 0.6 %

NYSEARCA:SPLG traded up $0.36 during trading hours on Thursday, hitting $61.18. 5,814,753 shares of the company were exchanged, compared to its average volume of 8,603,110. The stock has a market capitalization of $34.51 billion, a price-to-earnings ratio of 25.60 and a beta of 1.00. The company has a fifty day simple moving average of $60.31 and a 200 day simple moving average of $56.92. SPDR Portfolio S&P 500 ETF has a one year low of $48.07 and a one year high of $61.69.

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.