SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Reaches New 1-Year High at $64.21

SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) hit a new 52-week high on Monday . The stock traded as high as $64.21 and last traded at $64.18, with a volume of 3162591 shares trading hands. The stock had previously closed at $63.83.

SPDR Portfolio S&P 500 ETF Stock Up 0.8 %

The company has a market capitalization of $37.54 billion, a PE ratio of 26.64 and a beta of 1.00. The company has a 50-day moving average price of $61.16 and a two-hundred day moving average price of $58.99.

Hedge Funds Weigh In On SPDR Portfolio S&P 500 ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Creative Planning grew its position in SPDR Portfolio S&P 500 ETF by 1.8% during the fourth quarter. Creative Planning now owns 26,525,460 shares of the company’s stock worth $1,482,773,000 after buying an additional 467,975 shares in the last quarter. LPL Financial LLC grew its position in SPDR Portfolio S&P 500 ETF by 10.9% during the third quarter. LPL Financial LLC now owns 22,823,121 shares of the company’s stock worth $1,147,090,000 after buying an additional 2,235,952 shares in the last quarter. Advance Capital Management Inc. grew its position in SPDR Portfolio S&P 500 ETF by 121.0% during the first quarter. Advance Capital Management Inc. now owns 13,167,766 shares of the company’s stock worth $810,213,000 after buying an additional 7,210,793 shares in the last quarter. JPMorgan Chase & Co. grew its position in SPDR Portfolio S&P 500 ETF by 30.6% during the third quarter. JPMorgan Chase & Co. now owns 10,044,571 shares of the company’s stock worth $504,862,000 after buying an additional 2,351,596 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew 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 worth $469,845,000 after buying an additional 4,080,428 shares in the last quarter.

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.